Asset Comparison and Correlation
|S&P 500 vs ICON Public Limited Company|
Assuming 30 trading days horizon, SP 500 is expected to generate 3.2 times less return on investment than ICON. But when comparing it to its historical volatility, S&P 500 is 3.84 times less risky than ICON. It trades about 0.35 of its potential returns per unit of risk. ICON Public Limited Company is currently generating about 0.29 of returns per unit of risk over similar time horizon. If you would invest 3,188 in ICON Public Limited Company on April 24, 2013 and sell it today you would earn a total of 155.00 from holding ICON Public Limited Company or generate 4.86% return on investment over 30 days.
Match-ups for SP 500
85% of all equities and portfolios perform better than ICON Public Limited Company. Compared with the overall equity markets, risk-adjusted returns on investments in ICON Public Limited Company are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.
Match-ups for ICON