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SP 500   1,669   2.87  Index Moved Up 0.17%
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United States GSPC USD ...  |  Investing Opportunities


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Collecting data for ^TWII and 3545 ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Taiwan Wtd  vs   Orise Technology Co. Ltd.
Check Correlation Matrix  
Daily Returns (%)
3545   TWII   
 
Assuming 30 trading days horizon, Taiwan is expected to generate 1.08 times less return on investment than Orise. But when comparing it to its historical volatility, Taiwan Wtd is 7.0 times less risky than Orise. It trades about 0.52 of its potential returns per unit of risk. Orise Technology Co Ltd is currently generating about 0.08 of returns per unit of risk over similar time horizon. If you would invest  5,150  in Orise Technology Co Ltd on April 22, 2013 and sell it today you would earn a total of  150.00  from holding Orise Technology Co Ltd or generate 2.91% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Taiwan Wtd and Orise Technology Co. Ltd. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.12
Parameters
Time Period1 Month [change]
DirectionNegative ^TWII Moved Down vs 3545.TW
StrengthInsignificant
Accuracy85.71%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
3545   TWII   

Taiwan Wtd

 
    
Taiwan
Performance
28
Out Of
100
Over 30
Days
    

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Orise Technology Co Ltd

 
    
Orise
Performance
4
Out Of
100
Over 30
Days
96% of all equities and portfolios perform better than Orise Technology Co Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Orise Technology Co Ltd are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Orise

Compal Electronics Inc vs. Orise Technology Co Ltd
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