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SP 500   1,672   5.32  Index Moved Up 0.32%
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United States GSPC USD ...  |  Investing Themes


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   Platinum Underwriters Holdings
Check Correlation Matrix  
Daily Returns (%)
GSPC   PTP   
 
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.55 times more return on investment than Platinum. However, S&P 500 is 1.82 times less risky than Platinum. It trades about 0.56 of its potential returns per unit of risk. Platinum Underwriters Holdings Ltd is currently generating about 0.19 per unit of risk. If you would invest  157,878  in S&P 500 on April 21, 2013 and sell it today you would earn a total of  8,751  from holding S&P 500 or generate 5.54% return on investment over 30 days.

Diversification

Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding S&P 500 and Platinum Underwriters Holdings in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.63
Parameters
Time Period1 Month [change]
DirectionPositive PTP Moved Up vs ^GSPC
StrengthSignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GSPC   PTP   

S&P 500

 
    
SP 500
Performance
30
Out Of
100
Over 30
Days
    

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Platinum Underwriters Holdings Ltd

 
    
Platinum
Performance
10
Out Of
100
Over 30
Days
90% of all equities and portfolios perform better than Platinum Underwriters Holdings Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Platinum Underwriters Holdings Ltd are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Platinum

Berkshire Hathaway Inc vs. Platinum Underwriters Holdings Ltd
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The Chubb Corporation vs. Platinum Underwriters Holdings Ltd
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