Asset Comparison and Correlation
|Kodiak Oil & Gas Corp. vs S&P 500|
Considering 30-days investment horizon, Kodiak Oil Gas Corp is expected to under-perform the SP 500. In addition to that, Kodiak is 4.31 times more volatile than S&P 500. It trades about -0.06 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.1 per unit of volatility. If you would invest 180,476 in S&P 500 on November 21, 2013 and sell it today you would earn a total of 1,356 from holding S&P 500 or generate 0.75% return on investment over 30 days.
Over the last 30 days Kodiak Oil Gas Corp has generated negative risk-adjusted returns adding no value to investors with long positions. More Info
Match-ups for Kodiak
Match-ups for SP 500