Asset Comparison and Correlation
|DAX vs HARLEYDAVIDSON|
Assuming 30 trading days horizon, DAX is expected to generate 1.58 times less return on investment than HARLEYDAVIDSON. But when comparing it to its historical volatility, DAX is 7.03 times less risky than HARLEYDAVIDSON. It trades about 0.84 of its potential returns per unit of risk. HARLEYDAVIDSON is currently generating about 0.19 of returns per unit of risk over similar time horizon. If you would invest 3,971 in HARLEYDAVIDSON on April 19, 2013 and sell it today you would earn a total of 615 from holding HARLEYDAVIDSON or generate 15.49% return on investment over 30 days.
Match ups for DAX
90% of all equities and portfolios perform better than HARLEYDAVIDSON. Compared with the overall equity markets, risk-adjusted returns on investments in HARLEYDAVIDSON are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
Match ups for HARLEYDAVIDSON