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Collecting data for ^AORD and ISK ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 All Ords  vs   Island Sky Australia Limited
Check Correlation Matrix  
Daily Returns (%)
AORD   ISK   
 
If you would invest  0.00 in Island Sky Australia Limited on April 24, 2013 and sell it today you would earn a total of  0.00 from holding Island Sky Australia Limited or generate 0.0% return on investment over 30 days.

Diversification

Pay attention
Overlapping area represents amount of risk that can be diversified away by holding All Ords and Island Sky Australia Limited in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.0
Parameters
Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy90.48%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
AORD   ISK   

All Ords

 
    
All Ords
Performance
0
Out Of
100
Over 30
Days
    

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Island Sky Australia Limited

 
    
Island
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Island Sky Australia Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
    

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