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PFC PFC RECLTD RECLTD Large Growth Sport Products Moderate Aggressive 
Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 S&P 500  vs   Wells Fargo & Company
Check Correlation Matrix  
Daily Returns (%)
GSPC   WFC   
 
Assuming 30 trading days horizon, SP 500 is expected to generate 1.63 times less return on investment than Wells Fargo. But when comparing it to its historical volatility, S&P 500 is 1.51 times less risky than Wells Fargo. It trades about 0.32 of its potential returns per unit of risk. Wells Fargo Company is currently generating about 0.35 of returns per unit of risk over similar time horizon. If you would invest  3,788  in Wells Fargo Company on April 25, 2013 and sell it today you would earn a total of  236.00  from holding Wells Fargo Company or generate 6.23% 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 Wells Fargo & Company in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.69
Parameters
Time Period1 Month [change]
DirectionPositive WFC Moved Up vs ^GSPC
StrengthSignificant
Accuracy95.45%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GSPC   WFC   

S&P 500

 
    
SP 500
Performance
17
Out Of
100
Over 30
Days
    

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Wells Fargo Company

 
    
Wells Fargo
Performance
19
Out Of
100
Over 30
Days
81% of all equities and portfolios perform better than Wells Fargo Company. Compared with the overall equity markets, risk-adjusted returns on investments in Wells Fargo Company are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days.
    

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