Asset Comparison and Correlation
|EchoStar Corp. vs Aastra Technologies Ltd.|
Given investment horizon of 30 days, EchoStar Corp is expected to under-perform the Aastra. But the stock apears to be less risky and, when comparing its historical volatility, EchoStar Corp is 1.08 times less risky than Aastra. The stock trades about -0.04 of its potential returns per unit of risk. The Aastra Technologies Ltd is currently generating about 0.5 of returns per unit of risk over similar time horizon. If you would invest 1,820 in Aastra Technologies Ltd on May 20, 2013 and sell it today you would earn a total of 241.00 from holding Aastra Technologies Ltd or generate 13.24% return on investment over 30 days.
Over the last 30 days EchoStar Corp has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for EchoStar
73% of all equities and portfolios perform better than Aastra Technologies Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Aastra Technologies Ltd are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.