Considering 30-days investment horizon, SAP AG is expected to generate 0.82 times more return on investment than Google. However, SAP AG is 1.22 times less risky than Google. It trades about 0.06 of its potential returns per unit of risk. Google Inc is currently generating about -0.06 per unit of risk. If you would invest 7,750 in SAP AG on July 2, 2014 and sell it today you would earn a total of 99.00 from holding SAP AG or generate 1.28% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in SAP AG are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
Pair trading matchups for S A P
Over the last 30 days Google Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Pair trading matchups for Google