Asset Comparison and Correlation
|Ratos AB vs AngloGold Ashanti Ltd.|
Assuming 30 trading days horizon, Ratos AB is expected to generate 0.71 times more return on investment than AngloGold. However, Ratos AB is 1.41 times less risky than AngloGold. It trades about -0.01 of its potential returns per unit of risk. AngloGold Ashanti Ltd is currently generating about -0.14 per unit of risk. If you would invest 7,000 in Ratos AB on April 21, 2013 and sell it today you would lose (50.00) from holding Ratos AB or give up 0.71% of portfolio value 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
Over the last 30 days AngloGold Ashanti Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for AngloGold