Considering 30-days investment horizon, Accenture plc is expected to under-perform the iGATE. But the stock apears to be less risky and, when comparing its historical volatility, Accenture plc is 3.98 times less risky than iGATE. The stock trades about -0.29 of its potential returns per unit of risk. The iGATE Corporation is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest 3,411 in iGATE Corporation on June 22, 2014 and sell it today you would earn a total of 353.00 from holding iGATE Corporation or generate 10.35% return on investment over 30 days.
Over the last 30 days Accenture plc has generated negative risk-adjusted returns adding no value to investors with long positions.
Pair trading matchups for Accenture
Compared with the overall equity markets, risk-adjusted returns on investments in iGATE Corporation are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
Pair trading matchups for iGATE