Asset Comparison and Correlation
|Thunderbird Energy Corp. vs AngloGold Ashanti Ltd.|
Assuming 30 trading days horizon, Thunderbird Energy Corp is expected to generate 3.63 times more return on investment than AngloGold. However, Thunderbird is 3.63 times more volatile than AngloGold Ashanti Ltd. It trades about 0.05 of its potential returns per unit of risk. AngloGold Ashanti Ltd is currently generating about -0.07 per unit of risk. If you would invest 9.00 in Thunderbird Energy Corp on April 18, 2013 and sell it today you would lose (1.00) from holding Thunderbird Energy Corp or give up 11.11% of portfolio value over 30 days.
98% of all equities and portfolios perform better than Thunderbird Energy Corp. Compared with the overall equity markets, risk-adjusted returns on investments in Thunderbird Energy Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days.
Match ups for Thunderbird
Over the last 30 days AngloGold Ashanti Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for AngloGold