Correlation analysis between S A P and Google
|SAP AG vs Google Inc.|
Considering 30-days investment horizon, S A P is expected to generate 2.22 times less return on investment than Google. In addition to that, S A P is 1.84 times more volatile than Google Inc. It trades about 0.07 of its total potential returns per unit of risk. Google Inc is currently generating about 0.29 per unit of volatility. If you would invest 119,018 in Google Inc on February 9, 2014 and sell it today you would earn a total of 2,139 from holding Google Inc or generate 1.8% 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.
Match-ups for S A P
Compared with the overall equity markets, risk-adjusted returns on investments in Google Inc are ranked lower than 16 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Google