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Benchmark SP 500  1,650   2.23  Index Moved Down -0.14% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Industrial and Commercial Bank  vs   JPMorgan Chase & Co.
 Compare Fundamentals  
Daily Returns (%)
1398   JPM   
 
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Assuming 30 trading days horizon, Industrial and Commercial Bank of China Limited is expected to under-perform the JPMorgan. In addition to that, Industrial is 2.13 times more volatile than JPMorgan Chase Co. It trades about -0.25 of its total potential returns per unit of risk. JPMorgan Chase Co is currently generating about 0.13 per unit of volatility. If you would invest  5,302  in JPMorgan Chase Co on May 20, 2013 and sell it today you would earn a total of  109.00  from holding JPMorgan Chase Co or generate 2.06% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Industrial and Commercial Bank and JPMorgan Chase & Co. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.11
Parameters
Time Period1 Month [change]
DirectionNegative 1398.HK Moved Down vs JPM
StrengthInsignificant
Accuracy95.45%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
1398   JPM   

Industrial and Commercial Bank of China

 
    
Industrial
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Industrial and Commercial Bank of China Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for Industrial

HSBC Holdings PLC vs. Industrial and Commercial Bank of China Limited
China Construction Bank Corporation vs. Industrial and Commercial Bank of China Limited
Standard Chartered PLC vs. Industrial and Commercial Bank of China Limited
  

JPMorgan Chase Co

 
    
JPMorgan
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than JPMorgan Chase Co. Compared with the overall equity markets, risk-adjusted returns on investments in JPMorgan Chase Co are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for JPMorgan

Industrial and Commercial Bank of China Limited vs. JPMorgan Chase Co
Wells Fargo Company vs. JPMorgan Chase Co
Citigroup Inc vs. JPMorgan Chase Co
Banco Bradesco SA vs. JPMorgan Chase Co
Bank of America Corporation vs. JPMorgan Chase Co
The TorontoDominion Bank vs. JPMorgan Chase Co
The Bank of Nova Scotia vs. JPMorgan Chase Co


 
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