If you would invest
39.00 in AMERIGO RESOURCES on
April 21, 2013 and sell it today you would
lose (1.00) from holding AMERIGO RESOURCES or give up
2.56% of portfolio value over
30 days. AMERIGO RESOURCES is producing return of less than zero assuming 4.3% volatility of returns over the 30 days investment horizon. Simply put, 56% of all equities have less volatile historical return distribution than AMERIGO RESOURCES and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
| | Risk [Daily Volatility] (%) |
Assuming 30 trading days horizon, AMERIGO RESOURCES is expected to under-perform the market. In addition to that, the company is 6.32 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The DAX is currently generating roughly 0.87 per unit of volatility.