|Horizon||30 Days Login to change|
Madrid Gnrl vs. NQEGT
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the NQEGT. But the index apears to be less risky and, when comparing its historical volatility, Madrid Gnrl is 2.06 times less risky than NQEGT. The index trades about -0.43 of its potential returns per unit of risk. The NQEGT is currently generating about -0.06 of returns per unit of risk over similar time horizon. If you would invest 112,396 in NQEGT on September 21, 2018 and sell it today you would lose (2,599) from holding NQEGT or give up 2.31% of portfolio value over 30 days.
Pair Corralation between Madrid Gnrl and NQEGT