If you would invest
13.00 in HARD CREEK NICKEL CP on
April 26, 2012 and sell it today you would
lose (3.00) from holding HARD CREEK NICKEL CP or give up
23.08% of portfolio value over
30 days. HARD CREEK NICKEL CP is generating negative expected returns and assumes 3.73% volatility on return distribution over the 30 days horizon. Simply put, 62% of equities are less volatile than HARD CREEK NICKEL CP and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Risk [Daily Volatility] (%)
Assuming 30 trading days horizon, HARD CREEK NICKEL CP is expected to under-perform the market. In addition to that, the company is 5.11 times more volatile than its market benchmark. It trades about -0.3 of its total potential returns per unit of risk. The NYSE is currently generating roughly -0.47 per unit of volatility.