Asset Comparison and Correlation
|Hansen Medical Inc. vs All Ords|
Given investment horizon of 30 days, Hansen Medical Inc is expected to under-perform the All Ords. In addition to that, Hansen is 7.19 times more volatile than All Ords. It trades about -0.11 of its total potential returns per unit of risk. All Ords is currently generating about 0.37 per unit of volatility. If you would invest 500,260 in All Ords on April 21, 2013 and sell it today you would earn a total of 18,280 from holding All Ords or generate 3.65% return on investment over 30 days.
Over the last 30 days Hansen Medical Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Hansen
Match ups for All Ords