Asset Comparison and Correlation
|S&P 500 vs Verizon Communications Inc.|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.64 times more return on investment than Verizon. However, S&P 500 is 1.57 times less risky than Verizon. It trades about -0.14 of its potential returns per unit of risk. Verizon Communications Inc is currently generating about -0.12 per unit of risk. If you would invest 166,916 in S&P 500 on May 18, 2013 and sell it today you would lose (4,243) from holding S&P 500 or give up 2.54% of portfolio value over 30 days.
Match-ups for SP 500
Over the last 30 days Verizon Communications Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Verizon