Asset Comparison and Correlation
|Canada Composite vs Teck Resources Limited|
Assuming 30 trading days horizon, Canada is expected to generate 1.54 times less return on investment than Teck. But when comparing it to its historical volatility, Canada Composite is 3.32 times less risky than Teck. It trades about 0.2 of its potential returns per unit of risk. Teck Resources Limited is currently generating about 0.09 of returns per unit of risk over similar time horizon. If you would invest 2,627 in Teck Resources Limited on April 25, 2013 and sell it today you would earn a total of 182.00 from holding Teck Resources Limited or generate 6.93% return on investment over 30 days.
Match-ups for Canada
96% of all equities and portfolios perform better than Teck Resources Limited. Compared with the overall equity markets, risk-adjusted returns on investments in Teck Resources Limited are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Teck