Asset Comparison and Correlation
|Teck Resources Limited vs BHP Billiton Limited|
Considering 30-days investment horizon, Teck Resources Limited is expected to under-perform the BHP Billiton. In addition to that, Teck is 1.36 times more volatile than BHP Billiton Limited. It trades about -0.38 of its total potential returns per unit of risk. BHP Billiton Limited is currently generating about -0.25 per unit of volatility. If you would invest 6,917 in BHP Billiton Limited on May 20, 2013 and sell it today you would lose (657) from holding BHP Billiton Limited or give up 9.5% of portfolio value over 30 days.
Over the last 30 days Teck Resources Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Teck
Over the last 30 days BHP Billiton Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for BHP Billiton