Asset Comparison and Correlation
|Eni SpA vs S&P 500|
Taking into account 30 trading days horizon, Eni SpA is expected to under-perform the SP 500. In addition to that, Eni SPA is 1.9 times more volatile than S&P 500. It trades about -0.3 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.08 per unit of volatility. If you would invest 178,200 in S&P 500 on November 12, 2013 and sell it today you would earn a total of 22.00 from holding S&P 500 or generate 0.01% return on investment over 30 days.
Over the last 30 days Eni SpA has generated negative risk-adjusted returns adding no value to investors with long positions. More Info
Match-ups for Eni SPA
Match-ups for SP 500