Abstract
The obvious relation between Long and Shot ETFs is expected as absolutely opposite, while empiric data analysis is showing interesting duality phenomena of their dependency during rising and falling markets. Drill down into this dependency helps to model ETF price and gain dependencies, see price distortion on gain/loss tails, get insight into ETF behavior during financial crisis and more. This pretty dense work might require explanations and emphasis of details. Welcome to invite me for a drink 🙂 Continue reading
Concepton 