Correlation analysis between Suncor and Hess
|Suncor Energy Inc. vs Hess Corp.|
Allowing for 30-days total investment horizon, Suncor is expected to generate 3.82 times less return on investment than Hess. But when comparing it to its historical volatility, Suncor Energy Inc is 1.47 times less risky than Hess. It trades about 0.16 of its potential returns per unit of risk. Hess Corporation is currently generating about 0.42 of returns per unit of risk over similar time horizon. If you would invest 7,825 in Hess Corporation on February 9, 2014 and sell it today you would earn a total of 399.00 from holding Hess Corporation or generate 5.1% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in Suncor Energy Inc are ranked lower than 8 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Suncor
Compared with the overall equity markets, risk-adjusted returns on investments in Hess Corporation are ranked lower than 22 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Hess