InvestorsHub Logo
Followers 29
Posts 5254
Boards Moderated 2
Alias Born 07/18/2003

Re: xero90 post# 651

Saturday, 04/30/2011 9:15:05 PM

Saturday, April 30, 2011 9:15:05 PM

Post# of 2205
Yes, that looks correct to me.

I think Montanore can understand this one better.

http://stockcharts. com/freecharts/perf.html?$USD,AGQ

The "factors" change everyday. But the point is that AGQ moves about 9-16% per every 1% movement of $USD. But on average for this YTD it is 11.5%

YTD $USD is -7.8%
YTD AGQ is 125%

125/7.8 = 16%, heck that could repeat again.