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This is the chart of UNG for the last 3 years:
On average, since it's peak at $62.97 in June 20008, to today's price of $5.45, the losses are 8.37% per month
0.9163 ^ 28 = 0.087 (28 months)
5.45/62.97=0.087
Thursday, October 21, 2010
UNG Loses on Average 8.37% Per Month
On average, since it's peak at $62.97 in June 20008, to today's price of $5.45, the losses are 8.37% per month
0.9163 ^ 28 = 0.087 (28 months)
5.45/62.97=0.087
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