Asset Comparison and Correlation
|BNP Paribas SA vs SK Innovation|
Assuming 30 trading days horizon, BNP Paribas SA is expected to generate 2.24 times more return on investment than SK Innovati. However, BNP Paribas is 2.24 times more volatile than SK Innovation. It trades about 0.17 of its potential returns per unit of risk. SK Innovation is currently generating about -0.44 per unit of risk. If you would invest 5,900 in BNP Paribas SA on May 21, 2013 and sell it today you would lose (50.00) from holding BNP Paribas SA or give up 0.85% of portfolio value over 30 days.
91% of all equities and portfolios perform better than BNP Paribas SA. Compared with the overall equity markets, risk-adjusted returns on investments in BNP Paribas SA are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
Match-ups for BNP Paribas
Over the last 30 days SK Innovation has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for SK Innovati