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Collecting data for ACET and GRVY ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Aceto Corp.  and   Gravity Co. Ltd
Check Correlation Matrix  
Daily Returns (%)
ACET  GRVY  
Timeline
Given investment horizon of 30 days, Aceto Corporation is expected to generate 0.53 times more return on investment than Gravity. However, Aceto Corporation is 1.88 times less risky than Gravity. It trades about -0.17 of its potential returns per unit of risk. Gravity Ltd is currently generating about -0.23 per unit of risk. If you would invest 908 in Aceto Corporation on April 25, 2012 and sell it today you would lose (86.00) from holding Aceto Corporation or give up 9.47% of portfolio value over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Aceto Corp. and Gravity Co. Ltd in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.16
 Parameters
Time Period1 Month [change]
DirectionPositive GRVY Moved Up vs ACET
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
ACET  GRVY  

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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Gravity Ltd

 
    
    
Gravity
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Gravity Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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