Asset Comparison and Correlation
|S&P 500 vs Celgene Corp.|
Assuming 30 trading days horizon, SP 500 is expected to generate 1.1 times less return on investment than Celgene. But when comparing it to its historical volatility, S&P 500 is 3.0 times less risky than Celgene. It trades about 0.35 of its potential returns per unit of risk. Celgene Corporation is currently generating about 0.13 of returns per unit of risk over similar time horizon. If you would invest 11,795 in Celgene Corporation on April 24, 2013 and sell it today you would earn a total of 569 from holding Celgene Corporation or generate 4.82% return on investment over 30 days.
Match-ups for SP 500
93% of all equities and portfolios perform better than Celgene Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Celgene Corporation are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Celgene