Asset Comparison and Correlation
|All Ords vs CMI Ltd.|
Assuming 30 trading days horizon, All Ords is expected to generate 0.19 times more return on investment than CMI Ltd. However, All Ords is 5.22 times less risky than CMI Ltd. It trades about 0.33 of its potential returns per unit of risk. CMI Ltd is currently generating about -0.21 per unit of risk. If you would invest 500,260 in All Ords on April 20, 2013 and sell it today you would earn a total of 15,720 from holding All Ords or generate 3.14% return on investment over 30 days.
Match ups for All Ords
Over the last 30 days CMI Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for CMI Ltd