Hi Toofuzzy, You're right. I guess I was more tired than I realized. What I did was take the longer chart of MORL and overlap it with REML. Duh, 2 years don't match 6 years.
But I don't see how REML could hold more positions as its total Net Assets is only $34.44 Million versus MORL's total Net Assets of $461.64 million, 13 times REML.
The other thing that concerns me is that MORL has over 20 times the average trading volume per day than REML. Low volume can run into problems is my understanding.
As to Tom's comment on beta, REML hasn't been around long enough to get a beta on Yahoo but NASDAQ says the beta is 1.87 while MORL has a Yahoo beta of 0.68 and a NASDAQ beta of 1.69. (Does NASDAQ add a 1 to the standard beta or do they use a different formula?)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.