Asset Comparison and Correlation
|Cameco Corp. vs Teck Resources Limited|
Assuming 30 trading days horizon, Cameco Corporation is expected to generate 0.58 times more return on investment than Teck. However, Cameco Corporation is 1.73 times less risky than Teck. It trades about -0.22 of its potential returns per unit of risk. Teck Resources Limited is currently generating about -0.38 per unit of risk. If you would invest 2,297 in Cameco Corporation on May 19, 2013 and sell it today you would lose (136.00) from holding Cameco Corporation or give up 5.92% of portfolio value over 30 days.
Over the last 30 days Cameco Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Cameco
Over the last 30 days Teck Resources Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Teck