Asset Comparison and Correlation |
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| Companhia de Bebidas Das Ameri vs Fomento Econ |
Assuming 30 trading days horizon, Companhia de Bebidas Das Americas AMBEV is expected to generate 1.46 times more return on investment than Fomento. However, Companhia is 1.46 times more volatile than Fomento Econ. It trades about 0.23 of its potential returns per unit of risk. Fomento Econ is currently generating about -0.14 per unit of risk. If you would invest 8,135 in Companhia de Bebidas Das Americas AMBEV on April 18, 2013 and sell it today you would lose (12.00) from holding Companhia de Bebidas Das Americas AMBEV or give up 0.15% of portfolio value over 30 days. |
Follow Correlation between AMBV4 and FMX with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
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88% of all equities and portfolios perform better than Companhia de Bebidas Das Americas AMBEV. Compared with the overall equity markets, risk-adjusted returns on investments in Companhia de Bebidas Das Americas AMBEV are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days. Match ups for Companhia
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Over the last 30 days Fomento Econ has generated negative risk-adjusted returns adding no value to investors with long positions. Match ups for Fomento |