Asset Comparison and Correlation
|Stockholm vs SELENA OIL & GAS|
Assuming 30 trading days horizon, Stockholm is expected to under-perform the SELENA. But the index apears to be less risky and, when comparing its historical volatility, Stockholm is 24.51 times less risky than SELENA. The index trades about -0.2 of its potential returns per unit of risk. The SELENA OIL GAS is currently generating about 0.2 of returns per unit of risk over similar time horizon. If you would invest 250.00 in SELENA OIL GAS on May 20, 2013 and sell it today you would earn a total of 66.00 from holding SELENA OIL GAS or generate 26.4% return on investment over 30 days.
Match-ups for Stockholm
90% of all equities and portfolios perform better than SELENA OIL GAS. Compared with the overall equity markets, risk-adjusted returns on investments in SELENA OIL GAS are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.