Correlation analysis between Petrobras and Total
|Petrobras Argentina SA vs Total SA|
Considering 30-days investment horizon, Petrobras is expected to generate 1.4 times less return on investment than Total. In addition to that, Petrobras is 4.1 times more volatile than Total SA. It trades about 0.1 of its total potential returns per unit of risk. Total SA is currently generating about 0.6 per unit of volatility. If you would invest 5,915 in Total SA on February 9, 2014 and sell it today you would earn a total of 536 from holding Total SA or generate 9.06% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in Petrobras Argentina SA are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Petrobras
Compared with the overall equity markets, risk-adjusted returns on investments in Total SA are ranked lower than 32 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Total