Asset Comparison and Correlation
|Salem Communications Corp. vs S&P 500|
Given investment horizon of 30 days, Salem Communications Corp is expected to generate 2.36 times more return on investment than SP 500. However, Salem is 2.36 times more volatile than S&P 500. It trades about 0.12 of its potential returns per unit of risk. S&P 500 is currently generating about -0.05 per unit of risk. If you would invest 740 in Salem Communications Corp on May 20, 2013 and sell it today you would earn a total of 45.00 from holding Salem Communications Corp or generate 6.08% return on investment over 30 days.
94% of all equities and portfolios perform better than Salem Communications Corp. Compared with the overall equity markets, risk-adjusted returns on investments in Salem Communications Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Salem
Match-ups for SP 500