Asset Comparison and Correlation
|S&P 500 vs Carrizo Oil & Gas Inc.|
Assuming 30 trading days horizon, SP 500 is expected to generate 2.9 times less return on investment than Carrizo. But when comparing it to its historical volatility, S&P 500 is 4.16 times less risky than Carrizo. It trades about 0.56 of its potential returns per unit of risk. Carrizo Oil Gas Inc is currently generating about 0.39 of returns per unit of risk over similar time horizon. If you would invest 2,403 in Carrizo Oil Gas Inc on April 21, 2013 and sell it today you would earn a total of 444.00 from holding Carrizo Oil Gas Inc or generate 18.48% return on investment over 30 days.
Match ups for SP 500
79% of all equities and portfolios perform better than Carrizo Oil Gas Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Carrizo Oil Gas Inc are ranked lower than 21 (%) of all global equities and portfolios over the last 30 days.
Match ups for Carrizo