Asset Comparison and Correlation
|FTSE 100 vs Greencore Group plc|
Assuming 30 trading days horizon, FTSE is expected to generate 4.05 times less return on investment than Greencore. But when comparing it to its historical volatility, FTSE 100 is 5.42 times less risky than Greencore. It trades about 0.76 of its potential returns per unit of risk. Greencore Group plc is currently generating about 0.57 of returns per unit of risk over similar time horizon. If you would invest 10,900 in Greencore Group plc on April 22, 2013 and sell it today you would earn a total of 1,925 from holding Greencore Group plc or generate 17.66% return on investment over 30 days.
Match ups for FTSE
70% of all equities and portfolios perform better than Greencore Group plc. Compared with the overall equity markets, risk-adjusted returns on investments in Greencore Group plc are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.
Match ups for Greencore