Asset Comparison and Correlation
|Encana Corp. vs Gannett Co. Inc.|
Considering 30-days investment horizon, Encana Corporation is expected to under-perform the Gannett. But the stock apears to be less risky and, when comparing its historical volatility, Encana Corporation is 6.24 times less risky than Gannett. The stock trades about -0.41 of its potential returns per unit of risk. The Gannett Co Inc is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 2,154 in Gannett Co Inc on May 19, 2013 and sell it today you would earn a total of 342.00 from holding Gannett Co Inc or generate 15.88% return on investment over 30 days.
Over the last 30 days Encana Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Encana
94% of all equities and portfolios perform better than Gannett Co Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Gannett Co Inc are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Gannett