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Collecting data for ^OMXSPI and ^NZ50 ...

Asset Comparison and Correlation

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Investment horizon: 
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 Stockholm  vs   NZSE
World Correlation Matrix  
Daily Returns (%)
OMXSPI   NZ50   
 
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Timeline
Assuming 30 trading days horizon, Stockholm is expected to generate 1.18 times more return on investment than NZSE. However, Stockholm is 1.18 times more volatile than NZSE. It trades about 0.74 of its potential returns per unit of risk. NZSE is currently generating about 0.24 per unit of risk. If you would invest  36,629  in Stockholm on April 20, 2013 and sell it today you would earn a total of  2,316  from holding Stockholm or generate 6.32% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Stockholm and NZSE in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.14
Parameters
Time Period1 Month [change]
DirectionPositive ^NZ50 Moved Up vs ^OMXSPI
StrengthInsignificant
Accuracy94.74%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
OMXSPI   NZ50   

Stockholm

 
Profile
    
Stockholm
Performance
40
Out Of
100
Over 30
Days
?
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Match ups for Stockholm

Russell Small Cap Consistent Growth ETF vs. Stockholm
Neutral Tandem Inc vs. Stockholm
International Business Machines Corporation vs. Stockholm
Industrial Select Sector SPDR vs. Stockholm
US Concrete Inc vs. Stockholm
IMAX Corporation vs. Stockholm
Kansas City Southern vs. Stockholm
KPPC vs. Stockholm
Monster Beverage Corporation vs. Stockholm
FEI Company vs. Stockholm
  

NZSE

 
Profile
    
NZSE
Performance
13
Out Of
100
Over 30
Days
?
Check Performance
Backtest
Predict Price
    

Match ups for NZSE

priceline Incorporated vs. NZSE
Neutral Tandem Inc vs. NZSE
iShares Floating Rate Note vs. NZSE
Russell Small Cap Consistent Growth ETF vs. NZSE
KPPC vs. NZSE
FEI Company vs. NZSE
Monster Beverage Corporation vs. NZSE
Kansas City Southern vs. NZSE
US Concrete Inc vs. NZSE


 
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