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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Collecting data for ^OMXSPI and SOGH ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Stockholm  vs   SELENA OIL & GAS
Check Correlation Matrix  
Daily Returns (%)
OMXSPI   SOGH   
 
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Assuming 30 trading days horizon, Stockholm is expected to under-perform the SELENA. But the index apears to be less risky and, when comparing its historical volatility, Stockholm is 24.51 times less risky than SELENA. The index trades about -0.2 of its potential returns per unit of risk. The SELENA OIL GAS is currently generating about 0.2 of returns per unit of risk over similar time horizon. If you would invest  250.00  in SELENA OIL GAS on May 20, 2013 and sell it today you would earn a total of  66.00  from holding SELENA OIL GAS or generate 26.4% return on investment over 30 days.

Diversification

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

Correlation Coefficient

0.14
Parameters
Time Period1 Month [change]
DirectionPositive SOGH.ST Moved Up vs ^OMXSPI
StrengthInsignificant
Accuracy95.45%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
OMXSPI   SOGH   

Stockholm

 
    
Stockholm
Performance
0
Out Of
100
Over 30
Days
    

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SELENA OIL GAS

 
    
SELENA
Performance
10
Out Of
100
Over 30
Days
90% of all equities and portfolios perform better than SELENA OIL GAS. Compared with the overall equity markets, risk-adjusted returns on investments in SELENA OIL GAS are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
    


 
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