Asset Comparison and Correlation
|S&P 500 vs Waste Connections Inc.|
Assuming 30 trading days horizon, SP 500 is expected to generate 2.75 times less return on investment than Waste. But when comparing it to its historical volatility, S&P 500 is 2.11 times less risky than Waste. It trades about 0.35 of its potential returns per unit of risk. Waste Connections Inc is currently generating about 0.46 of returns per unit of risk over similar time horizon. If you would invest 3,763 in Waste Connections Inc on April 24, 2013 and sell it today you would earn a total of 307.00 from holding Waste Connections Inc or generate 8.16% return on investment over 30 days.
Match ups for SP 500
76% of all equities and portfolios perform better than Waste Connections Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Waste Connections Inc are ranked lower than 24 (%) of all global equities and portfolios over the last 30 days.
Match ups for Waste