Asset Comparison and Correlation
|S&P 500 vs JPMorgan Chase & Co.|
Assuming 30 trading days horizon, SP 500 is expected to generate 2.1 times less return on investment than JPMorgan. But when comparing it to its historical volatility, S&P 500 is 2.02 times less risky than JPMorgan. It trades about 0.35 of its potential returns per unit of risk. JPMorgan Chase Co is currently generating about 0.37 of returns per unit of risk over similar time horizon. If you would invest 4,900 in JPMorgan Chase Co on April 24, 2013 and sell it today you would earn a total of 435.00 from holding JPMorgan Chase Co or generate 8.88% return on investment over 30 days.
Match-ups for SP 500
81% of all equities and portfolios perform better than JPMorgan Chase Co. Compared with the overall equity markets, risk-adjusted returns on investments in JPMorgan Chase Co are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days.
Match-ups for JPMorgan