Asset Comparison and Correlation
|Meta Financial Group Inc. vs S&P 500|
Given investment horizon of 30 days, Meta Financial Group Inc is expected to under-perform the SP 500. In addition to that, Meta is 1.56 times more volatile than S&P 500. It trades about -0.14 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.6 per unit of volatility. If you would invest 156,250 in S&P 500 on April 19, 2013 and sell it today you would earn a total of 10,497 from holding S&P 500 or generate 6.72% return on investment over 30 days.
Over the last 30 days Meta Financial Group Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Meta
Match ups for SP 500