Asset Comparison and Correlation
|BorgWarner Inc. vs Boston Scientific Corp.|
Considering 30-days investment horizon, BorgWarner is expected to generate 3.31 times less return on investment than Boston. But when comparing it to its historical volatility, BorgWarner Inc is 1.48 times less risky than Boston. It trades about 0.22 of its potential returns per unit of risk. Boston Scientific Corporation is currently generating about 0.5 of returns per unit of risk over similar time horizon. If you would invest 745 in Boston Scientific Corporation on April 25, 2013 and sell it today you would earn a total of 163.00 from holding Boston Scientific Corporation or generate 21.88% return on investment over 30 days.
89% of all equities and portfolios perform better than BorgWarner Inc. Compared with the overall equity markets, risk-adjusted returns on investments in BorgWarner Inc are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
Match-ups for BorgWarner
73% of all equities and portfolios perform better than Boston Scientific Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Boston Scientific Corporation are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Boston