Asset Comparison and Correlation
|Tahoe Resources Inc. vs Teck Resources Limited|
Assuming 30 trading days horizon, Tahoe Resources Inc is expected to under-perform the Teck. In addition to that, Tahoe is 1.87 times more volatile than Teck Resources Limited. It trades about -0.12 of its total potential returns per unit of risk. Teck Resources Limited is currently generating about 0.18 per unit of volatility. If you would invest 2,560 in Teck Resources Limited on April 21, 2013 and sell it today you would earn a total of 238.00 from holding Teck Resources Limited or generate 9.3% return on investment over 30 days.
Over the last 30 days Tahoe Resources Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for Tahoe
91% of all equities and portfolios perform better than Teck Resources Limited. Compared with the overall equity markets, risk-adjusted returns on investments in Teck Resources Limited are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
Match ups for Teck