Asset Comparison and Correlation
|Adobe Systems Inc. vs Boston Scientific Corp.|
Given investment horizon of 30 days, Adobe Systems Inc is expected to under-perform the Boston. But the stock apears to be less risky and, when comparing its historical volatility, Adobe Systems Inc is 1.21 times less risky than Boston. The stock trades about -0.03 of its potential returns per unit of risk. The Boston Scientific Corporation is currently generating about 0.66 of returns per unit of risk over similar time horizon. If you would invest 735 in Boston Scientific Corporation on April 22, 2013 and sell it today you would earn a total of 188.00 from holding Boston Scientific Corporation or generate 25.58% return on investment over 30 days.
Over the last 30 days Adobe Systems Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Adobe
64% of all equities and portfolios perform better than Boston Scientific Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Boston Scientific Corporation are ranked lower than 36 (%) of all global equities and portfolios over the last 30 days.
Match ups for Boston