Asset Comparison and Correlation
|Apple Inc. vs S&P 500|
Given investment horizon of 30 days, Apple Inc is expected to generate 2.31 times more return on investment than SP 500. However, Apple is 2.31 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 -0.06 per unit of risk. If you would invest 51,955 in Apple Inc on November 18, 2013 and sell it today you would earn a total of 3,544 from holding Apple Inc or generate 6.82% return on investment over 30 days.
83% of all equities and portfolios perform better than Apple Inc. 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. More Info
Match-ups for Apple
Match-ups for SP 500