Asset Comparison and Correlation
|A.P. M vs Ojai Community Bank|
Assuming 30 trading days horizon, AP M is expected to under-perform the Ojai. But the stock apears to be less risky and, when comparing its historical volatility, AP M is 1.69 times less risky than Ojai. The stock trades about -0.07 of its potential returns per unit of risk. The Ojai Community Bank is currently generating about 0.01 of returns per unit of risk over similar time horizon. If you would invest 600 in Ojai Community Bank on April 25, 2013 and sell it today you would earn a total of 0.00 from holding Ojai Community Bank or generate 0.0% return on investment over 30 days.
Over the last 30 days AP M has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for AP M
Over the last 30 days Ojai Community Bank has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Ojai