Asset Comparison and Correlation
|S&P 500 vs ColgatePalmolive Co.|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.05 times more return on investment than ColgatePalmo. However, S&P 500 is 19.96 times less risky than ColgatePalmo. It trades about 0.6 of its potential returns per unit of risk. ColgatePalmolive Co is currently generating about -0.2 per unit of risk. If you would invest 156,250 in S&P 500 on April 19, 2013 and sell it today you would earn a total of 10,497 from holding S&P 500 or generate 6.72% return on investment over 30 days.
Match ups for SP 500
Over the last 30 days ColgatePalmolive Co has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for ColgatePalmo