Asset Comparison and Correlation
|Sterlite Industries (India) Lt vs SXC Health Solutions Corp.|
Considering 30-days investment horizon, Sterlite Industries India Ltd is expected to generate 1.08 times more return on investment than SXC Health. However, Sterlite is 1.08 times more volatile than SXC Health Solutions Corp. It trades about 0.18 of its potential returns per unit of risk. SXC Health Solutions Corp is currently generating about -0.12 per unit of risk. If you would invest 646 in Sterlite Industries India Ltd on April 22, 2013 and sell it today you would earn a total of 55.00 from holding Sterlite Industries India Ltd or generate 8.51% return on investment over 30 days.
91% of all equities and portfolios perform better than Sterlite Industries India Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Sterlite Industries India Ltd are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
Match ups for Sterlite
Over the last 30 days SXC Health Solutions Corp has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for SXC Health