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S&P 500   1,667   17.00  Index Moved Up 1.03%
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United States  USA  |  Investing Opportunities


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Collecting data for ^NYA and BDBR ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 NYSE  vs   Banco di Desio e della Brianza
Check Correlation Matrix  
Daily Returns (%)
NYA   BDBR   
 
Given investment horizon of 30 days, NYSE is expected to generate 0.28 times more return on investment than Banco. However, NYSE is 3.58 times less risky than Banco. It trades about 0.53 of its potential returns per unit of risk. Banco di Desio e della Brianza SpA is currently generating about -0.15 per unit of risk. If you would invest  901,990  in NYSE on April 19, 2013 and sell it today you would earn a total of  55,651  from holding NYSE or generate 6.17% return on investment over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding NYSE and Banco di Desio e della Brianza in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.22
Parameters
Time Period1 Month [change]
DirectionPositive BDBR.MI Moved Up vs ^NYA
StrengthVery Weak
Accuracy90.48%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
NYA   BDBR   

NYSE

 
    
NYSE
Performance
28
Out Of
100
Over 30
Days
    

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Banco di Desio e della Brianza SpA

 
    
Banco
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Banco di Desio e della Brianza SpA has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match ups for Banco

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