Considering 30-days investment horizon, Total SA is expected to under-perform the Hess. In addition to that, Total is 1.9 times more volatile than Hess Corporation. It trades about -0.26 of its total potential returns per unit of risk. Hess Corporation is currently generating about 0.09 per unit of volatility. If you would invest 9,961 in Hess Corporation on July 1, 2014 and sell it today you would earn a total of 144.00 from holding Hess Corporation or generate 1.45% return on investment over 30 days.
Over the last 30 days Total SA has generated negative risk-adjusted returns adding no value to investors with long positions.
Pair trading matchups for Total
Compared with the overall equity markets, risk-adjusted returns on investments in Hess Corporation are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
Pair trading matchups for Hess