Asset Comparison and Correlation
|VimpelCom Ltd. vs ArcelorMittal|
Considering 30-days investment horizon, VimpelCom Ltd is expected to generate 0.86 times more return on investment than ArcelorMittal. However, VimpelCom Ltd is 1.16 times less risky than ArcelorMittal. It trades about -0.13 of its potential returns per unit of risk. ArcelorMittal is currently generating about -0.21 per unit of risk. If you would invest 1,091 in VimpelCom Ltd on May 20, 2013 and sell it today you would lose (52.00) from holding VimpelCom Ltd or give up 4.77% of portfolio value over 30 days.
Over the last 30 days VimpelCom Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for VimpelCom
Over the last 30 days ArcelorMittal has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for ArcelorMittal