Asset Comparison and Correlation
|Cigna Corp. vs Avid Technology Inc.|
Allowing for 30-days total investment horizon, Cigna Corp is expected to generate 0.72 times more return on investment than Avid. However, Cigna Corp is 1.39 times less risky than Avid. It trades about 0.14 of its potential returns per unit of risk. Avid Technology Inc is currently generating about -0.17 per unit of risk. If you would invest 6,760 in Cigna Corp on May 20, 2013 and sell it today you would earn a total of 206.00 from holding Cigna Corp or generate 3.05% return on investment over 30 days.
93% of all equities and portfolios perform better than Cigna Corp. Compared with the overall equity markets, risk-adjusted returns on investments in Cigna Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Cigna
Over the last 30 days Avid Technology Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Avid