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 (%)
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.