Asset Comparison and Correlation
|S&P 500 vs Platinum Underwriters Holdings|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.55 times more return on investment than Platinum. However, S&P 500 is 1.82 times less risky than Platinum. It trades about 0.56 of its potential returns per unit of risk. Platinum Underwriters Holdings Ltd is currently generating about 0.19 per unit of risk. If you would invest 157,878 in S&P 500 on April 21, 2013 and sell it today you would earn a total of 8,751 from holding S&P 500 or generate 5.54% return on investment over 30 days.
Match ups for SP 500
90% of all equities and portfolios perform better than Platinum Underwriters Holdings Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Platinum Underwriters Holdings Ltd are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
Match ups for Platinum