Asset Comparison and Correlation
|S&P 500 vs Boston Scientific Corp.|
Assuming 30 trading days horizon, SP 500 is expected to generate 4.8 times less return on investment than Boston. But when comparing it to its historical volatility, S&P 500 is 2.95 times less risky than Boston. It trades about 0.34 of its potential returns per unit of risk. Boston Scientific Corporation is currently generating about 0.56 of returns per unit of risk over similar time horizon. If you would invest 749 in Boston Scientific Corporation on April 26, 2013 and sell it today you would earn a total of 159.00 from holding Boston Scientific Corporation or generate 21.23% return on investment over 30 days.
Match-ups for SP 500
70% of all equities and portfolios perform better than Boston Scientific Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Boston Scientific Corporation are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Boston