Asset Comparison and Correlation
|BP plc vs Eni SpA|
Allowing for 30-days total investment horizon, BP plc is expected to generate 0.76 times more return on investment than Eni SPA. However, BP plc is 1.31 times less risky than Eni SPA. It trades about 0.19 of its potential returns per unit of risk. Eni SpA is currently generating about -0.05 per unit of risk. If you would invest 4,263 in BP plc on April 26, 2013 and sell it today you would earn a total of 89.00 from holding BP plc or generate 2.09% return on investment over 30 days.
90% of all equities and portfolios perform better than BP plc. Compared with the overall equity markets, risk-adjusted returns on investments in BP plc are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
Match-ups for BP plc
Over the last 30 days Eni SpA has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Eni SPA