Asset Comparison and Correlation
|All Ords vs Carbon Minerals Limited|
Assuming 30 trading days horizon, All Ords is expected to generate 0.94 times more return on investment than Salesforce. However, All Ords is 1.06 times less risky than Salesforce. It trades about 0.21 of its potential returns per unit of risk. Carbon Minerals Limited is currently generating about -0.24 per unit of risk. If you would invest 508,420 in All Ords on April 23, 2013 and sell it today you would earn a total of 5,790 from holding All Ords or generate 1.14% return on investment over 30 days.
Match ups for All Ords
Over the last 30 days Carbon Minerals Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Salesforce