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Collecting data for ACET and APTL ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Aceto Corp.  and   Alaska Power & Telephone Co.
Check Correlation Matrix  
Daily Returns (%)
ACET  APTL  
Timeline
Given investment horizon of 30 days, Aceto Corporation is expected to under-perform the Alaska. In addition to that, Aceto is 2.33 times more volatile than Alaska Power & Telephone. It trades about -0.18 of its total potential returns per unit of risk. Alaska Power & Telephone is currently generating about 0.21 per unit of volatility. If you would invest 1,700 in Alaska Power & Telephone on April 25, 2012 and sell it today you would earn a total of 0.00 from holding Alaska Power & Telephone or generate 0.0% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Aceto Corp. and Alaska Power & Telephone Co. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.05
 Parameters
Time Period1 Month [change]
DirectionPositive APTL.PK Moved Up vs ACET
StrengthInsignificant
Accuracy95.45%
ValuesDaily Returns
    
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 Share Correlation between ACET and APTL 
Share Share Correlation between ACET and APTL
    
    
 
       
Predicted Return Density
Expected Daily Returns   
ACET  APTL  

Aceto Corporation

 
    
    
Aceto
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Aceto Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Alaska Power & Telephone

 
    
    
Alaska
Performance
16
Out Of
100
Over 30
Days
84% of all equities and portfolios perform better than Alaska Power & Telephone. Compared with the overall equity markets, risk-adjusted returns on investments in Alaska Power & Telephone are ranked lower than 16 (%) of all global equities and portfolios over the last 30 days.
    
    
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