Asset Comparison and Correlation
|Nike Inc. vs S&P 500|
Considering 30-days investment horizon, Nike is expected to generate 1.05 times less return on investment than SP 500. In addition to that, Nike is 1.82 times more volatile than S&P 500. It trades about 0.2 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.39 per unit of volatility. If you would invest 157,879 in S&P 500 on April 23, 2013 and sell it today you would earn a total of 7,656 from holding S&P 500 or generate 4.85% return on investment over 30 days.
90% of all equities and portfolios perform better than Nike Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Nike Inc are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
Match ups for Nike
Match ups for SP 500