Asset Comparison and Correlation
|Tata Motors Limited vs Dover Corp.|
Considering 30-days investment horizon, Tata Motors Limited is expected to under-perform the Dover. In addition to that, Tata is 1.34 times more volatile than Dover Corporation. It trades about -0.01 of its total potential returns per unit of risk. Dover Corporation is currently generating about 0.42 per unit of volatility. If you would invest 6,994 in Dover Corporation on April 24, 2013 and sell it today you would earn a total of 960 from holding Dover Corporation or generate 13.73% return on investment over 30 days.
Over the last 30 days Tata Motors Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Tata
78% of all equities and portfolios perform better than Dover Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Dover Corporation are ranked lower than 22 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Dover