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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
 
 Canada Composite  vs   LoneStar West Inc
Check Correlation Matrix  
Daily Returns (%)
LSI   GSPTSE   
 
Assuming 30 trading days horizon, Canada is expected to generate 2.33 times less return on investment than LoneStar. But when comparing it to its historical volatility, Canada Composite is 3.83 times less risky than LoneStar. It trades about 0.23 of its potential returns per unit of risk. LoneStar West Inc is currently generating about 0.14 of returns per unit of risk over similar time horizon. If you would invest  260.00  in LoneStar West Inc on April 24, 2013 and sell it today you would earn a total of  18.00  from holding LoneStar West Inc or generate 6.92% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Canada Composite and LoneStar West Inc in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.06
Parameters
Time Period1 Month [change]
DirectionPositive LSI.V Moved Up vs ^GSPTSE
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
LSI   GSPTSE   

Canada Composite

 
    
Canada
Performance
12
Out Of
100
Over 30
Days
    

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BetaShares US Dollar ETF vs. Canada Composite
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Oplink Communications Inc vs. Canada Composite
BHP Billiton Limited vs. Canada Composite
  

LoneStar West Inc

 
    
LoneStar
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than LoneStar West Inc. Compared with the overall equity markets, risk-adjusted returns on investments in LoneStar West Inc are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for LoneStar

ShawCor Ltd vs. LoneStar West Inc
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