Asset Comparison and Correlation |
|
|
| Occidental Petroleum Corp. vs Best Buy Co. Inc. |
Considering 30-days investment horizon, Occidental is expected to generate 1.48 times less return on investment than Best. But when comparing it to its historical volatility, Occidental Petroleum Corporation is 2.05 times less risky than Best. It trades about 0.25 of its potential returns per unit of risk. Best Buy Co Inc is currently generating about 0.18 of returns per unit of risk over similar time horizon. If you would invest 2,414 in Best Buy Co Inc on April 24, 2013 and sell it today you would earn a total of 215.00 from holding Best Buy Co Inc or generate 8.91% return on investment over 30 days. |
Follow Correlation between OXY and BBY with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
|
87% of all equities and portfolios perform better than Occidental Petroleum Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Occidental Petroleum Corporation are ranked lower than 13 (%) of all global equities and portfolios over the last 30 days. Match-ups for Occidental |
91% of all equities and portfolios perform better than Best Buy Co Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Best Buy Co Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days. Match-ups for Best
|