Asset Comparison and Correlation
|Canada Composite vs Teck Resources Limited|
Assuming 30 trading days horizon, Canada Composite is expected to generate 0.35 times more return on investment than Teck. However, Canada Composite is 2.83 times less risky than Teck. It trades about -0.07 of its potential returns per unit of risk. Teck Resources Limited is currently generating about -0.52 per unit of risk. If you would invest 1,335,840 in Canada Composite on November 8, 2013 and sell it today you would lose (7,770) from holding Canada Composite or give up 0.58% of portfolio value over 30 days.
Match-ups for Canada
Over the last 30 days Teck Resources Limited has generated negative risk-adjusted returns adding no value to investors with long positions. More Info
Match-ups for Teck