Asset Comparison and Correlation
|FTSE 100 vs Hardy Oil & Gas plc|
Assuming 30 trading days horizon, FTSE 100 is expected to generate 0.42 times more return on investment than Hardy. However, FTSE 100 is 2.4 times less risky than Hardy. It trades about 0.76 of its potential returns per unit of risk. Hardy Oil Gas plc is currently generating about -0.1 per unit of risk. If you would invest 640,610 in FTSE 100 on April 22, 2013 and sell it today you would earn a total of 39,780 from holding FTSE 100 or generate 6.21% return on investment over 30 days.
Match ups for FTSE
Over the last 30 days Hardy Oil Gas plc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Hardy