|Horizon||30 Days Login to change|
Nasdaq vs. MerVal
Assuming 30 trading days horizon, Nasdaq is expected to generate 16.87 times less return on investment than MerVal. But when comparing it to its historical volatility, Nasdaq is 6.36 times less risky than MerVal. It trades about 0.08 of its potential returns per unit of risk. MerVal is currently generating about 0.22 of returns per unit of risk over similar time horizon. If you would invest 2,548,134 in MerVal on August 26, 2018 and sell it today you would earn a total of 651,876 from holding MerVal or generate 25.58% return on investment over 30 days.
Pair Corralation between Nasdaq and MerVal