Asset Comparison and Correlation
|WebMD Health Corp. vs CogState Limited|
Given investment horizon of 30 days, WebMD Health Corp is expected to generate 0.66 times more return on investment than CogState. However, WebMD Health Corp is 1.52 times less risky than CogState. It trades about 0.5 of its potential returns per unit of risk. CogState Limited is currently generating about -0.2 per unit of risk. If you would invest 2,341 in WebMD Health Corp on April 21, 2013 and sell it today you would earn a total of 656 from holding WebMD Health Corp or generate 28.02% return on investment over 30 days.
73% of all equities and portfolios perform better than WebMD Health Corp. Compared with the overall equity markets, risk-adjusted returns on investments in WebMD Health Corp are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.
Match ups for WebMD
Over the last 30 days CogState Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for CogState