Asset Comparison and Correlation
|S&P 500 vs Aecon Group Inc.|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.24 times more return on investment than Aecon. However, S&P 500 is 4.09 times less risky than Aecon. It trades about 0.59 of its potential returns per unit of risk. Aecon Group Inc is currently generating about -0.18 per unit of risk. If you would invest 157,878 in S&P 500 on April 20, 2013 and sell it today you would earn a total of 8,869 from holding S&P 500 or generate 5.62% return on investment over 30 days.
Match ups for SP 500
Over the last 30 days Aecon Group Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Aecon