Asset Comparison and Correlation
|Bovespa vs Banco Bradesco S.A.|
Assuming 30 trading days horizon, Bovespa is expected to generate 2.59 times less return on investment than Banco. But when comparing it to its historical volatility, Bovespa is 1.43 times less risky than Banco. It trades about 0.19 of its potential returns per unit of risk. Banco Bradesco SA is currently generating about 0.34 of returns per unit of risk over similar time horizon. If you would invest 3,269 in Banco Bradesco SA on April 22, 2013 and sell it today you would earn a total of 20.00 from holding Banco Bradesco SA or generate 0.61% return on investment over 30 days.
Match ups for Bovespa
82% of all equities and portfolios perform better than Banco Bradesco SA. Compared with the overall equity markets, risk-adjusted returns on investments in Banco Bradesco SA are ranked lower than 18 (%) of all global equities and portfolios over the last 30 days.
Match ups for Banco