Asset Comparison and Correlation
|WellCare Health Plans Inc. vs JMP Group Inc.|
Considering 30-days investment horizon, WellCare Health Plans Inc is expected to under-perform the JP Morgan. But the stock apears to be less risky and, when comparing its historical volatility, WellCare Health Plans Inc is 1.03 times less risky than JP Morgan. The stock trades about -0.14 of its potential returns per unit of risk. The JMP Group Inc is currently generating about 0.23 of returns per unit of risk over similar time horizon. If you would invest 644 in JMP Group Inc on April 21, 2013 and sell it today you would earn a total of 50.00 from holding JMP Group Inc or generate 7.76% return on investment over 30 days.
Over the last 30 days WellCare Health Plans Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match ups for WellCare
88% of all equities and portfolios perform better than JMP Group Inc. Compared with the overall equity markets, risk-adjusted returns on investments in JMP Group Inc are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.
Match ups for JP Morgan