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SP 500   1,681   12.00  Index Moved Up 0.72%
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United States GSPC USD ...  |  Optimize Portfolios


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Collecting data for ^GSPC and GNMSY ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   GENMAB A/S
Check Correlation Matrix  
Daily Returns (%)
GSPC   GNMSY   
 
Assuming 30 trading days horizon, SP 500 is expected to generate 2.73 times less return on investment than GNMSY. But when comparing it to its historical volatility, S&P 500 is 3.78 times less risky than GNMSY. It trades about 0.56 of its potential returns per unit of risk. GNMSY is currently generating about 0.4 of returns per unit of risk over similar time horizon. If you would invest  1,298  in GNMSY on April 22, 2013 and sell it today you would earn a total of  212.00  from holding GNMSY or generate 16.33% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding S&P 500 and GENMAB A/S in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.4
Parameters
Time Period1 Month [change]
DirectionPositive GNMSY.PK Moved Up vs ^GSPC
StrengthWeak
Accuracy86.36%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GSPC   GNMSY   

S&P 500

 
    
SP 500
Performance
30
Out Of
100
Over 30
Days
    

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GNMSY

 
    
GNMSY
Performance
21
Out Of
100
Over 30
Days
79% of all equities and portfolios perform better than GNMSY. Compared with the overall equity markets, risk-adjusted returns on investments in GNMSY are ranked lower than 21 (%) of all global equities and portfolios over the last 30 days.
    

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