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S&P 500   1,667   17.00  Index Moved Up 1.03%
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Collecting data for ^GSPC and QRXPY ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   QRxPharma Pty Ltd.
Check Correlation Matrix  
Daily Returns (%)
GSPC   QRXPY   
 
Assuming 30 trading days horizon, SP 500 is expected to generate 2.79 times less return on investment than QRxPharma. But when comparing it to its historical volatility, S&P 500 is 5.29 times less risky than QRxPharma. It trades about 0.6 of its potential returns per unit of risk. QRxPharma Pty Ltd is currently generating about 0.32 of returns per unit of risk over similar time horizon. If you would invest  586  in QRxPharma Pty Ltd on April 19, 2013 and sell it today you would earn a total of  17.00  from holding QRxPharma Pty Ltd or generate 2.9% return on investment over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding S&P 500 and QRxPharma Pty Ltd. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.26
Parameters
Time Period1 Month [change]
DirectionPositive QRXPY.PK Moved Up vs ^GSPC
StrengthVery Weak
Accuracy19.05%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GSPC   QRXPY   

S&P 500

 
    
SP 500
Performance
33
Out Of
100
Over 30
Days
    

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QRxPharma Pty Ltd

 
    
QRxPharma
Performance
17
Out Of
100
Over 30
Days
83% of all equities and portfolios perform better than QRxPharma Pty Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in QRxPharma Pty Ltd are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
    

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