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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Agilent Technologies Inc.  vs   Yahoo! Inc.
 Compare Fundamentals  
Daily Returns (%)
YHOO   A   
 
Taking into account 30 trading days horizon, Agilent Technologies Inc is expected to generate 0.82 times more return on investment than Yahoo. However, Agilent Technologies Inc is 1.22 times less risky than Yahoo. It trades about 0.22 of its potential returns per unit of risk. Yahoo! Inc is currently generating about 0.17 per unit of risk. If you would invest  4,285  in Agilent Technologies Inc on April 23, 2013 and sell it today you would earn a total of  289.00  from holding Agilent Technologies Inc or generate 6.74% return on investment over 30 days.

Diversification

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

Correlation Coefficient

0.67
Parameters
Time Period1 Month [change]
DirectionPositive YHOO Moved Up vs A
StrengthSignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
YHOO   A   

Agilent Technologies Inc

 
    
Agilent
Performance
11
Out Of
100
Over 30
Days
89% 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 11 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Agilent

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Yahoo! Inc

 
    
Yahoo
Performance
9
Out Of
100
Over 30
Days
91% of all equities and portfolios perform better than Yahoo! Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Yahoo! Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Yahoo

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