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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Collecting data for ^GDAXI and C1O ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 DAX  vs   COBALT INTL ENERGY
Check Correlation Matrix  
Daily Returns (%)
GDAXI   C1O   
 
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Assuming 30 trading days horizon, DAX is expected to generate 0.6 times more return on investment than COBALT. However, DAX is 1.67 times less risky than COBALT. It trades about -0.12 of its potential returns per unit of risk. COBALT INTL ENERGY is currently generating about -0.23 per unit of risk. If you would invest  847,220  in DAX on May 20, 2013 and sell it today you would lose (24,269) from holding DAX or give up 2.86% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding DAX and COBALT INTL ENERGY in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.07
Parameters
Time Period1 Month [change]
DirectionNegative ^GDAXI Moved Down vs C1O.BE
StrengthInsignificant
Accuracy86.36%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
GDAXI   C1O   

DAX

 
    
DAX
Performance
0
Out Of
100
Over 30
Days
    

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COBALT INTL ENERGY

 
    
COBALT
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days COBALT INTL ENERGY has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for COBALT

Berkshire Hathaway Inc vs. COBALT INTL ENERGY
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