Asset Comparison and Correlation
|Apple Inc. vs S&P 500|
Given investment horizon of 30 days, Apple Inc is expected to generate 3.07 times more return on investment than SP 500. However, Apple is 3.07 times more volatile than S&P 500. It trades about 0.28 of its potential returns per unit of risk. S&P 500 is currently generating about 0.56 per unit of risk. If you would invest 40,613 in Apple Inc on April 22, 2013 and sell it today you would earn a total of 3,522 from holding Apple Inc or generate 8.67% return on investment over 30 days.
86% 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 14 (%) of all global equities and portfolios over the last 30 days.
Match ups for Apple
Match ups for SP 500