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S&P 500   1,666   1.18  Index Moved Down -0.07%
JCI BWA ALV TRW Cars Wireless Healthcare Recycling 
United States  USA  |  Investing Opportunities


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Collecting data for ^GSPC and AEGXF ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   Aecon Group Inc.
Check Correlation Matrix  
Daily Returns (%)
GSPC   AEGXF   
 
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.24 times more return on investment than Aecon. However, S&P 500 is 4.09 times less risky than Aecon. It trades about 0.59 of its potential returns per unit of risk. Aecon Group Inc is currently generating about -0.18 per unit of risk. If you would invest  157,878  in S&P 500 on April 20, 2013 and sell it today you would earn a total of  8,869  from holding S&P 500 or generate 5.62% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding S&P 500 and Aecon Group Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.07
Parameters
Time Period1 Month [change]
DirectionPositive AEGXF.PK Moved Up vs ^GSPC
StrengthInsignificant
Accuracy95.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GSPC   AEGXF   

S&P 500

 
    
SP 500
Performance
31
Out Of
100
Over 30
Days
    

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Aecon Group Inc

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

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