Perhaps I am reading this wrong but I take it to read Exposure: 15.2% of the time Risk adjusted ann. return: 45.72%
You are only exposed 15.2 % of the time 6.93% annual return x 1/.152 or(6.5789) = 45+ percent return for time exposed X a 2 X fund gives you an adjusted ann. return of >91% for time exposed. Not Bad Am I reading this correctly?
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.