Asset Comparison and Correlation
|AngloGold Ashanti Ltd. vs Pelikan Holding AG|
Allowing for 30-days total investment horizon, AngloGold Ashanti Ltd is expected to under-perform the Pelikan. But the stock apears to be less risky and, when comparing its historical volatility, AngloGold Ashanti Ltd is 4.01 times less risky than Pelikan. The stock trades about -0.14 of its potential returns per unit of risk. The Pelikan Holding AG is currently generating about 0.24 of returns per unit of risk over similar time horizon. If you would invest 1,805 in Pelikan Holding AG on April 20, 2013 and sell it today you would earn a total of 845 from holding Pelikan Holding AG or generate 46.81% return on investment over 30 days.
Over the last 30 days AngloGold Ashanti Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for AngloGold
87% of all equities and portfolios perform better than Pelikan Holding AG. Compared with the overall equity markets, risk-adjusted returns on investments in Pelikan Holding AG are ranked lower than 13 (%) of all global equities and portfolios over the last 30 days.
Match ups for Pelikan