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


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Straits Tms  vs   AEX Amsterdam
World Correlation Matrix  
Daily Returns (%)
AEX   STI   
 
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Given investment horizon of 30 days, Straits Tms is expected to under-perform the AEX Amsterda. But the index apears to be less risky and, when comparing its historical volatility, Straits Tms is 1.11 times less risky than AEX Amsterda. The index trades about -0.36 of its potential returns per unit of risk. The AEX Amsterdam is currently generating about -0.32 of returns per unit of risk over similar time horizon. If you would invest  37,211  in AEX Amsterdam on May 20, 2013 and sell it today you would lose (2,102) from holding AEX Amsterdam or give up 5.65% of portfolio value over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Straits Tms and AEX Amsterdam in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.02
Parameters
Time Period1 Month [change]
DirectionPositive AEX.AS Moved Up vs ^STI
StrengthInsignificant
Accuracy81.82%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
AEX   STI   

Straits Tms

 
    
Straits
Performance
0
Out Of
100
Over 30
Days
    

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AEX Amsterdam

 
    
AEX Amsterda
Performance
0
Out Of
100
Over 30
Days
    

Match-ups for AEX Amsterda

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