Asset Comparison and Correlation
|BioRad Laboratories Inc. vs Hurco Companies Inc.|
Considering 30-days investment horizon, BioRad Laboratories Inc is expected to under-perform the Hurco. In addition to that, BioRad is 1.46 times more volatile than Hurco Companies Inc. It trades about -0.08 of its total potential returns per unit of risk. Hurco Companies Inc is currently generating about 0.33 per unit of volatility. If you would invest 2,619 in Hurco Companies Inc on April 22, 2013 and sell it today you would earn a total of 252.00 from holding Hurco Companies Inc or generate 9.62% return on investment over 30 days.
Over the last 30 days BioRad Laboratories Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for BioRad
83% of all equities and portfolios perform better than Hurco Companies Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Hurco Companies Inc are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
Match ups for Hurco