Asset Comparison and Correlation
|S&P 500 vs QRxPharma Pty Ltd.|
Assuming 30 trading days horizon, SP 500 is expected to generate 2.79 times less return on investment than QRxPharma. But when comparing it to its historical volatility, S&P 500 is 5.29 times less risky than QRxPharma. It trades about 0.6 of its potential returns per unit of risk. QRxPharma Pty Ltd is currently generating about 0.32 of returns per unit of risk over similar time horizon. If you would invest 586 in QRxPharma Pty Ltd on April 19, 2013 and sell it today you would earn a total of 17.00 from holding QRxPharma Pty Ltd or generate 2.9% return on investment over 30 days.
Match ups for SP 500
83% of all equities and portfolios perform better than QRxPharma Pty Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in QRxPharma Pty Ltd are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
Match ups for QRxPharma