Asset Comparison and Correlation
|S&P 500 vs A.P. M|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.52 times more return on investment than AP M. However, S&P 500 is 1.93 times less risky than AP M. It trades about 0.56 of its potential returns per unit of risk. AP M is currently generating about 0.07 per unit of risk. If you would invest 157,878 in S&P 500 on April 22, 2013 and sell it today you would earn a total of 8,751 from holding S&P 500 or generate 5.54% return on investment over 30 days.
Match ups for SP 500
97% of all equities and portfolios perform better than AP M. Compared with the overall equity markets, risk-adjusted returns on investments in AP M are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
Match ups for AP M