Asset Comparison and Correlation
|Baidu Inc. vs Biocon Limited|
Given investment horizon of 30 days, Baidu Inc is expected to generate 2.24 times more return on investment than Biocon. However, Baidu is 2.24 times more volatile than Biocon Limited. It trades about 0.11 of its potential returns per unit of risk. Biocon Limited is currently generating about -0.11 per unit of risk. If you would invest 9,234 in Baidu Inc on April 24, 2013 and sell it today you would earn a total of 155.00 from holding Baidu Inc or generate 1.68% return on investment over 30 days.
95% of all equities and portfolios perform better than Baidu Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Baidu Inc are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Baidu
Over the last 30 days Biocon Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Biocon