Asset Comparison and Correlation
|Nokia Corp. vs Aastra Technologies Ltd.|
Considering 30-days investment horizon, Nokia is expected to generate 4.27 times less return on investment than Aastra. In addition to that, Nokia is 1.63 times more volatile than Aastra Technologies Ltd. It trades about 0.07 of its total potential returns per unit of risk. Aastra Technologies Ltd is currently generating about 0.5 per unit of volatility. If you would invest 1,820 in Aastra Technologies Ltd on May 20, 2013 and sell it today you would earn a total of 241.00 from holding Aastra Technologies Ltd or generate 13.24% return on investment over 30 days.
97% of all equities and portfolios perform better than Nokia Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Nokia Corporation are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Nokia
73% of all equities and portfolios perform better than Aastra Technologies Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Aastra Technologies Ltd are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Aastra