Correlation analysis between Apple and SP 500
|Apple Inc. vs S&P 500|
Given investment horizon of 30 days, Apple is expected to generate 1.57 times less return on investment than SP 500. In addition to that, Apple is 1.93 times more volatile than S&P 500. It trades about 0.18 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.55 per unit of volatility. If you would invest 177,343 in S&P 500 on February 5, 2014 and sell it today you would earn a total of 10,360 from holding S&P 500 or generate 5.84% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in Apple Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Apple
Match-ups for SP 500