Asset Comparison and Correlation
|Avago Technologies Limited vs Spreadtrum Communications Inc.|
Given investment horizon of 30 days, Avago Technologies Limited is expected to generate 0.55 times more return on investment than Spreadtrum. However, Avago Technologies Limited is 1.81 times less risky than Spreadtrum. It trades about 0.28 of its potential returns per unit of risk. Spreadtrum Communications Inc is currently generating about -0.24 per unit of risk. If you would invest 3,237 in Avago Technologies Limited on April 21, 2013 and sell it today you would earn a total of 207.00 from holding Avago Technologies Limited or generate 6.39% return on investment over 30 days.
85% of all equities and portfolios perform better than Avago Technologies Limited. Compared with the overall equity markets, risk-adjusted returns on investments in Avago Technologies Limited are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.
Match ups for Avago
Over the last 30 days Spreadtrum Communications Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Spreadtrum