Asset Comparison and Correlation
|NYSE vs BALCHEM CORP|
Given investment horizon of 30 days, NYSE is expected to generate 2.38 times less return on investment than BALCHEM. But when comparing it to its historical volatility, NYSE is 4.46 times less risky than BALCHEM. It trades about 0.26 of its potential returns per unit of risk. BALCHEM CORP is currently generating about 0.14 of returns per unit of risk over similar time horizon. If you would invest 3,316 in BALCHEM CORP on April 24, 2013 and sell it today you would earn a total of 275.00 from holding BALCHEM CORP or generate 8.29% return on investment over 30 days.
Match-ups for NYSE
93% of all equities and portfolios perform better than BALCHEM CORP. Compared with the overall equity markets, risk-adjusted returns on investments in BALCHEM CORP are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
Match-ups for BALCHEM