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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
Lee Lichterman III
The Ox
towerdog
To: Jacob Snyder who wrote (74172)12/1/2022 10:30:07 AM
From: Jacob Snyder4 Recommendations  Read Replies (1) of 97583
 
Efficiency of PSQ, QID, SQQQ (inverse QQQ):

leverage, etf, high or low for 2021, then 2022, % change:

+1x QQQ 406 254 = -37%
-1x PSQ 10.63 15.62 = +47%
-2x QID 15.13 29.98 = +98%
-3x SQQQ 28.15 69.55 = +147%

Almost a full year between those prices. It is odd, PSQ went up a lot more than QQQ went down.

If QID had moved twice as much as QQQ, without any losses for day-to-day volatility, then the return should have been 37% X2 = 74%. But QID did much better than that.

SQQQ is as leveraged as a LEAP put, without the time decay.
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