Asset Comparison and Correlation
|BP plc vs Petrobras Argentina SA|
Allowing for 30-days total investment horizon, BP plc is expected to generate 0.41 times more return on investment than Petrobras. However, BP plc is 2.43 times less risky than Petrobras. It trades about -0.01 of its potential returns per unit of risk. Petrobras Argentina SA is currently generating about -0.32 per unit of risk. If you would invest 4,356 in BP plc on May 19, 2013 and sell it today you would lose (30.00) from holding BP plc or give up 0.69% of portfolio value over 30 days.
Over the last 30 days BP plc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for BP plc
Over the last 30 days Petrobras Argentina SA has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Petrobras