Asset Comparison and Correlation
|S&P 500 vs KimberlyClark Corp.|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.7 times more return on investment than KimberlyClar. However, S&P 500 is 1.44 times less risky than KimberlyClar. It trades about 0.39 of its potential returns per unit of risk. KimberlyClark Corporation is currently generating about -0.17 per unit of risk. If you would invest 157,879 in S&P 500 on April 23, 2013 and sell it today you would earn a total of 7,656 from holding S&P 500 or generate 4.85% return on investment over 30 days.
Match ups for SP 500
Over the last 30 days KimberlyClark Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for KimberlyClar