Asset Comparison and Correlation
|Ratos AB vs SK Innovation|
Assuming 30 trading days horizon, Ratos AB is expected to under-perform the SK Innovati. In addition to that, Ratos is 1.06 times more volatile than SK Innovation. It trades about -0.01 of its total potential returns per unit of risk. SK Innovation is currently generating about 0.21 per unit of volatility. If you would invest 14,200,000 in SK Innovation on April 21, 2013 and sell it today you would earn a total of 1,200,000 from holding SK Innovation or generate 8.45% return on investment over 30 days.
Over the last 30 days Ratos AB has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Ratos
89% of all equities and portfolios perform better than SK Innovation. Compared with the overall equity markets, risk-adjusted returns on investments in SK Innovation are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
Match ups for SK Innovati