Asset Comparison and Correlation
|Daiwa Associate Holdings Ltd. vs Hang Seng|
Assuming 30 trading days horizon, Daiwa Associate Holdings Ltd is expected to under-perform the Hang. In addition to that, Daiwa is 4.02 times more volatile than Hang Seng. It trades about -0.12 of its total potential returns per unit of risk. Hang Seng is currently generating about -0.27 per unit of volatility. If you would invest 2,369,628 in Hang Seng on November 21, 2013 and sell it today you would lose (88,410) from holding Hang Seng or give up 3.73% of portfolio value over 30 days.
Over the last 30 days Daiwa Associate Holdings Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. More Info
Match-ups for Daiwa
Match-ups for Hang