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SP 500   1,654   1.78  Index Moved Down -0.11%
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Collecting data for ^KS11 and 005490 ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Seoul Comp  vs   POSCO
Check Correlation Matrix  
Daily Returns (%)
KS11   005490   
 
Assuming 30 trading days horizon, Seoul Comp is expected to generate 0.81 times more return on investment than POSCO. However, Seoul Comp is 1.24 times less risky than POSCO. It trades about 0.27 of its potential returns per unit of risk. POSCO is currently generating about 0.11 per unit of risk. If you would invest  193,531  in Seoul Comp on April 23, 2013 and sell it today you would earn a total of  5,852  from holding Seoul Comp or generate 3.02% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Seoul Comp and POSCO in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.02
Parameters
Time Period1 Month [change]
DirectionPositive 005490.KS Moved Up vs ^KS11
StrengthInsignificant
Accuracy90.91%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
KS11   005490   

Seoul Comp

 
    
Seoul
Performance
15
Out Of
100
Over 30
Days
    

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POSCO

 
    
POSCO
Performance
5
Out Of
100
Over 30
Days
95% of all equities and portfolios perform better than POSCO. Compared with the overall equity markets, risk-adjusted returns on investments in POSCO are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
    

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