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Asset Comparison and Correlation

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Investment horizon:

30 Days Login to change

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BSE vs Cheslind Textiles Ltd.

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Daily Returns (%)

BSESN

CHESLITE

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Assuming 30 trading days horizon, BSE is expected to generate 0.78 times more return on investment than Cheslind. However, BSE is 1.28 times less risky than Cheslind. It trades about 0.26 of its potential returns per unit of risk. Cheslind Textiles Ltd is currently generating about -0.09 per unit of risk. If you would invest 1,917,936 in BSE on April 22, 2013 and sell it today you would earn a total of 93,225 from holding BSE or generate 4.86% return on investment over 30 days.

Diversification

Good diversification

Overlapping area represents amount of risk that can be diversified away by holding BSE and Cheslind Textiles Ltd. in the same portfolio assuming nothing else is changed

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Correlation Coefficient

-0.15

Parameters

Time Period	1 Month [change]
Direction	Negative
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

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Predicted Return Density

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Returns

BSESN

CHESLITE

BSE

Profile

BSE

Performance

14	Out Of 100

Over 30

Days

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Cheslind Textiles Ltd

Alpha

Profile

Cheslind

Performance

0	Out Of 100

Over 30

Days

Over the last 30 days Cheslind Textiles Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.

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Match ups for Cheslind

Bombay Rayon Fashion Limited vs. Cheslind Textiles Ltd

Century Textiles and Industries Limited vs. Cheslind Textiles Ltd

Jaybharat Textiles And Real Estate Limited vs. Cheslind Textiles Ltd

Responsive Industries Ltd vs. Cheslind Textiles Ltd

Lakshmi Machine Works Limited vs. Cheslind Textiles Ltd

Arvind Limited vs. Cheslind Textiles Ltd

The Bombay Dyeing and Manufacturing Company Limited vs. Cheslind Textiles Ltd

Raymond Limited vs. Cheslind Textiles Ltd

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