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SP 500   1,666   1.18  Index Moved Down -0.07%
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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   TheStreet Inc.
Check Correlation Matrix  
Daily Returns (%)
TST   GSPC   
 
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.33 times more return on investment than TheStreet. However, S&P 500 is 3.02 times less risky than TheStreet. It trades about 0.56 of its potential returns per unit of risk. TheStreet Inc is currently generating about -0.08 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

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

Correlation Coefficient

-0.3
Parameters
Time Period1 Month [change]
DirectionNegative ^GSPC Moved Down vs TST
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
TST   GSPC   

S&P 500

 
    
SP 500
Performance
30
Out Of
100
Over 30
Days
    

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TheStreet Inc

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

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