Asset Comparison and Correlation
|Mellanox Technologies Ltd. vs NYSE|
Given investment horizon of 30 days, Mellanox Technologies Ltd is expected to under-perform the NYSE. In addition to that, Mellanox is 6.05 times more volatile than NYSE. It trades about -0.16 of its total potential returns per unit of risk. NYSE is currently generating about 0.45 per unit of volatility. If you would invest 914,645 in NYSE on April 23, 2013 and sell it today you would earn a total of 45,182 from holding NYSE or generate 4.94% return on investment over 30 days.
Over the last 30 days Mellanox Technologies Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Mellanox
Match ups for NYSE