Asset Comparison and Correlation
|Petrobras Argentina SA vs Total SA|
Considering 30-days investment horizon, Petrobras Argentina SA is expected to under-perform the Total. In addition to that, Petrobras is 1.73 times more volatile than Total SA. It trades about -0.01 of its total potential returns per unit of risk. Total SA is currently generating about 0.41 per unit of volatility. If you would invest 4,792 in Total SA on April 22, 2013 and sell it today you would earn a total of 317.00 from holding Total SA or generate 6.62% return on investment over 30 days.
Over the last 30 days Petrobras Argentina SA has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Petrobras
78% of all equities and portfolios perform better than Total SA. Compared with the overall equity markets, risk-adjusted returns on investments in Total SA are ranked lower than 22 (%) of all global equities and portfolios over the last 30 days.
Match ups for Total