Deciding whether or not to buy TQQQ requires appending the mathematics of leverage onto projections of the Nasdaq 100. The volatility decay intrinsic to TQQQ is quantified. A simple function of ...
TQQQ is practically perfectly correlated to QQQ on a daily basis. However, TQQQ shows very poor correlation to QQQ when 3-year price movements are considered. Polynomial techniques (which incorporate ...