Thursday, October 21, 2010

UNG Loses on Average 8.37% Per Month

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

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