Asset Comparison and Correlation
|S&P 500 vs GENMAB A/S|
Assuming 30 trading days horizon, SP 500 is expected to generate 2.73 times less return on investment than GNMSY. But when comparing it to its historical volatility, S&P 500 is 3.78 times less risky than GNMSY. It trades about 0.56 of its potential returns per unit of risk. GNMSY is currently generating about 0.4 of returns per unit of risk over similar time horizon. If you would invest 1,298 in GNMSY on April 22, 2013 and sell it today you would earn a total of 212.00 from holding GNMSY or generate 16.33% return on investment over 30 days.
Match ups for SP 500
79% of all equities and portfolios perform better than GNMSY. Compared with the overall equity markets, risk-adjusted returns on investments in GNMSY are ranked lower than 21 (%) of all global equities and portfolios over the last 30 days.
Match ups for GNMSY