Asset Comparison and Correlation
|DAX vs Fresenius Medical Care AG & Co|
Assuming 30 trading days horizon, DAX is expected to generate 0.66 times more return on investment than Fresenius. However, DAX is 1.51 times less risky than Fresenius. It trades about 0.36 of its potential returns per unit of risk. Fresenius Medical Care AG Co KGAA is currently generating about 0.01 per unit of risk. If you would invest 781,476 in DAX on April 25, 2013 and sell it today you would earn a total of 49,056 from holding DAX or generate 6.28% return on investment over 30 days.
Match-ups for DAX
Over the last 30 days Fresenius Medical Care AG Co KGAA has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Fresenius