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SP 500   1,655   13.81  Index Moved Down -0.83%
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United States GSPC USD ...  |  Optimize Portfolios


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   KimberlyClark Corp.
Check Correlation Matrix  
Daily Returns (%)
GSPC   KMB   
 
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.7 times more return on investment than KimberlyClar. However, S&P 500 is 1.44 times less risky than KimberlyClar. It trades about 0.39 of its potential returns per unit of risk. KimberlyClark Corporation is currently generating about -0.17 per unit of risk. If you would invest  157,879  in S&P 500 on April 23, 2013 and sell it today you would earn a total of  7,656  from holding S&P 500 or generate 4.85% 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 KimberlyClark Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.51
Parameters
Time Period1 Month [change]
DirectionPositive KMB Moved Up vs ^GSPC
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GSPC   KMB   

S&P 500

 
    
SP 500
Performance
20
Out Of
100
Over 30
Days
    

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KimberlyClark Corporation

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

Match ups for KimberlyClar

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