Asset Comparison and Correlation
|Edwards Lifesciences Corp. vs St. Jude Medical Inc.|
Allowing for 30-days total investment horizon, Edwards Lifesciences Corp is expected to under-perform the St Jude. In addition to that, Edwards is 4.6 times more volatile than St Jude Medical Inc. It trades about -0.18 of its total potential returns per unit of risk. St Jude Medical Inc is currently generating about 0.58 per unit of volatility. If you would invest 4,097 in St Jude Medical Inc on April 22, 2013 and sell it today you would earn a total of 581 from holding St Jude Medical Inc or generate 14.18% return on investment over 30 days.
Over the last 30 days Edwards Lifesciences Corp has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Edwards
69% of all equities and portfolios perform better than St Jude Medical Inc. Compared with the overall equity markets, risk-adjusted returns on investments in St Jude Medical Inc are ranked lower than 31 (%) of all global equities and portfolios over the last 30 days.
Match ups for St Jude