Asset Comparison and Correlation
|Industrial and Commercial Bank vs JPMorgan Chase & Co.|
Assuming 30 trading days horizon, Industrial and Commercial Bank of China Limited is expected to under-perform the JPMorgan. In addition to that, Industrial is 2.13 times more volatile than JPMorgan Chase Co. It trades about -0.25 of its total potential returns per unit of risk. JPMorgan Chase Co is currently generating about 0.13 per unit of volatility. If you would invest 5,302 in JPMorgan Chase Co on May 20, 2013 and sell it today you would earn a total of 109.00 from holding JPMorgan Chase Co or generate 2.06% return on investment over 30 days.
Over the last 30 days Industrial and Commercial Bank of China Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Industrial
93% of all equities and portfolios perform better than JPMorgan Chase Co. Compared with the overall equity markets, risk-adjusted returns on investments in JPMorgan Chase Co are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
Match-ups for JPMorgan