Asset Comparison and Correlation
|CareFusion Corp. vs DENTSPLY International Inc.|
Considering 30-days investment horizon, CareFusion Corporation is expected to under-perform the DENTSPLY. But the stock apears to be less risky and, when comparing its historical volatility, CareFusion Corporation is 1.14 times less risky than DENTSPLY. The stock trades about -0.02 of its potential returns per unit of risk. The DENTSPLY International Inc is currently generating about 0.07 of returns per unit of risk over similar time horizon. If you would invest 4,110 in DENTSPLY International Inc on April 19, 2013 and sell it today you would earn a total of 118.00 from holding DENTSPLY International Inc or generate 2.87% return on investment over 30 days.
Over the last 30 days CareFusion Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for CareFusion
97% of all equities and portfolios perform better than DENTSPLY International Inc. Compared with the overall equity markets, risk-adjusted returns on investments in DENTSPLY International Inc are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
Match ups for DENTSPLY