Asset Comparison and Correlation |
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| S&P 500 vs Wells Fargo & Company |
Assuming 30 trading days horizon, SP 500 is expected to generate 1.63 times less return on investment than Wells Fargo. But when comparing it to its historical volatility, S&P 500 is 1.51 times less risky than Wells Fargo. It trades about 0.32 of its potential returns per unit of risk. Wells Fargo Company is currently generating about 0.35 of returns per unit of risk over similar time horizon. If you would invest 3,788 in Wells Fargo Company on April 25, 2013 and sell it today you would earn a total of 236.00 from holding Wells Fargo Company or generate 6.23% return on investment over 30 days. |
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