Asset Comparison and Correlation
|Goldcorp Inc. vs Renault Soci|
Allowing for 30-days total investment horizon, Goldcorp Inc is expected to under-perform the Renault. In addition to that, Goldcorp is 1.18 times more volatile than Renault Soci. It trades about -0.17 of its total potential returns per unit of risk. Renault Soci is currently generating about 0.3 per unit of volatility. If you would invest 5,236 in Renault Soci on April 25, 2013 and sell it today you would earn a total of 689 from holding Renault Soci or generate 13.16% return on investment over 30 days.
Over the last 30 days Goldcorp Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Goldcorp
84% of all equities and portfolios perform better than Renault Soci. Compared with the overall equity markets, risk-adjusted returns on investments in Renault Soci are ranked lower than 16 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Renault