Given the investment horizon of 30 days, Apple Inc is expected to generate 2.12 times more return on investment than SP 500. However, Apple is 2.12 times more volatile than S&P 500. It trades about 0.32 of its potential returns per unit of risk. S&P 500 is currently generating about 0.14 per unit of risk. If you would invest 9,036 in Apple Inc on June 25, 2014 and sell it today you would earn a total of 667 from holding Apple Inc or generate 7.38% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in Apple Inc are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
Pair trading matchups for Apple
Pair trading matchups for SP 500