Asset Comparison and Correlation
|S&P 500 vs Nortech Systems Inc.|
Assuming 30 trading days horizon, SP 500 is expected to generate 1.41 times less return on investment than Nortech. But when comparing it to its historical volatility, S&P 500 is 10.09 times less risky than Nortech. It trades about 0.39 of its potential returns per unit of risk. Nortech Systems Inc is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 333.00 in Nortech Systems Inc on April 23, 2013 and sell it today you would earn a total of 3.00 from holding Nortech Systems Inc or generate 0.9% return on investment over 30 days.
Match ups for SP 500
98% of all equities and portfolios perform better than Nortech Systems Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Nortech Systems Inc are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days.
Match ups for Nortech