|Horizon||30 Days Login to change|
Madrid Gnrl vs. NQPH
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the NQPH. But the index apears to be less risky and, when comparing its historical volatility, Madrid Gnrl is 1.1 times less risky than NQPH. The index trades about -0.43 of its potential returns per unit of risk. The NQPH is currently generating about -0.12 of returns per unit of risk over similar time horizon. If you would invest 97,993 in NQPH on September 21, 2018 and sell it today you would lose (2,343) from holding NQPH or give up 2.39% of portfolio value over 30 days.
Pair Corralation between Madrid Gnrl and NQPH