Asset Comparison and Correlation
|S&P 500 vs Dover Corp.|
Assuming 30 trading days horizon, SP 500 is expected to generate 1.82 times less return on investment than Dover. But when comparing it to its historical volatility, S&P 500 is 2.02 times less risky than Dover. It trades about 0.6 of its potential returns per unit of risk. Dover Corporation is currently generating about 0.54 of returns per unit of risk over similar time horizon. If you would invest 6,800 in Dover Corporation on April 19, 2013 and sell it today you would earn a total of 921 from holding Dover Corporation or generate 13.54% return on investment over 30 days.
Match ups for SP 500
71% of all equities and portfolios perform better than Dover Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Dover Corporation are ranked lower than 29 (%) of all global equities and portfolios over the last 30 days.
Match ups for Dover