Asset Comparison and Correlation
|Skellerup Holdings Limited vs S&P 500|
Assuming 30 trading days horizon, Skellerup is expected to generate 7.5 times less return on investment than SP 500. In addition to that, Skellerup is 5.28 times more volatile than S&P 500. It trades about 0.01 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.56 per unit of volatility. If you would invest 157,878 in S&P 500 on April 22, 2013 and sell it today you would earn a total of 9,038 from holding S&P 500 or generate 5.72% return on investment over 30 days.
Over the last 30 days Skellerup Holdings Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Skellerup
Match ups for SP 500