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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Agilent Technologies Inc.  vs   salesforce.com inc
 Compare Fundamentals  
Daily Returns (%)
A   CRM   
 
Taking into account 30 trading days horizon, Agilent is expected to generate 1.63 times less return on investment than Salesforce. In addition to that, Agilent is 1.28 times more volatile than salesforce inc. It trades about 0.27 of its total potential returns per unit of risk. salesforce inc is currently generating about 0.57 per unit of volatility. If you would invest  4,032  in salesforce inc on April 19, 2013 and sell it today you would earn a total of  647  from holding salesforce inc or generate 16.05% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Agilent Technologies Inc. and salesforce.com inc in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.12
Parameters
Time Period1 Month [change]
DirectionPositive CRM Moved Up vs A
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
A   CRM   

Agilent Technologies Inc

 
    
Agilent
Performance
14
Out Of
100
Over 30
Days
86% of all equities and portfolios perform better than Agilent Technologies Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Agilent Technologies Inc are ranked lower than 14 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Agilent

Thermo Fisher Scientific Inc vs. Agilent Technologies Inc
Quest Diagnostics Inc vs. Agilent Technologies Inc
Laboratory Corp of America Holdings vs. Agilent Technologies Inc
MettlerToledo International Inc vs. Agilent Technologies Inc
Covance Inc vs. Agilent Technologies Inc
PerkinElmer Inc vs. Agilent Technologies Inc
PAREXEL International Corporation vs. Agilent Technologies Inc
Alere Inc vs. Agilent Technologies Inc
  

salesforce inc

 
    
Salesforce
Performance
30
Out Of
100
Over 30
Days
70% of all equities and portfolios perform better than salesforce inc. Compared with the overall equity markets, risk-adjusted returns on investments in salesforce inc are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Salesforce

Microsoft Corporation vs. salesforce inc
Oracle Corporation vs. salesforce inc
SAP AG vs. salesforce inc
Adobe Systems Inc vs. salesforce inc
Intuit Inc vs. salesforce inc
CA Technologies vs. salesforce inc
Red Hat Inc vs. salesforce inc
VeriSign Inc vs. salesforce inc
BMC Software Inc vs. salesforce inc


 
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