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Benchmark SP 500  1,639   12.31  Index Moved Up 0.76% United States ...


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Collecting data for ^GSPC and VZ ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   Verizon Communications Inc.
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Daily Returns (%)
GSPC   VZ   
 
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Assuming 30 trading days horizon, S&P 500 is expected to generate 0.64 times more return on investment than Verizon. However, S&P 500 is 1.57 times less risky than Verizon. It trades about -0.14 of its potential returns per unit of risk. Verizon Communications Inc is currently generating about -0.12 per unit of risk. If you would invest  166,916  in S&P 500 on May 18, 2013 and sell it today you would lose (4,243) from holding S&P 500 or give up 2.54% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

0.53
Parameters
Time Period1 Month [change]
DirectionPositive VZ Moved Up vs ^GSPC
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
GSPC   VZ   

S&P 500

 
    
SP 500
Performance
0
Out Of
100
Over 30
Days
    

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Verizon Communications Inc

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

Match-ups for Verizon

AT T Inc vs. Verizon Communications Inc
BCE Inc vs. Verizon Communications Inc


 
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