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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Aluminum Corp. Of China Limite  vs   Cigna Corp.
 Compare Fundamentals  
Daily Returns (%)
CI   ACH   
 
Considering 30-days investment horizon, Aluminum Corporation Of China Limited is expected to generate 2.18 times more return on investment than Cigna. However, Aluminum is 2.18 times more volatile than Cigna Corp. It trades about 0.06 of its potential returns per unit of risk. Cigna Corp is currently generating about 0.08 per unit of risk. If you would invest  923  in Aluminum Corporation Of China Limited on April 25, 2013 and sell it today you would earn a total of  69.00  from holding Aluminum Corporation Of China Limited or generate 7.48% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Aluminum Corp. Of China Limite and Cigna Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.09
Parameters
Time Period1 Month [change]
DirectionPositive CI Moved Up vs ACH
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
CI   ACH   

Aluminum Corporation Of China Limited

 
    
Aluminum
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than Aluminum Corporation Of China Limited. Compared with the overall equity markets, risk-adjusted returns on investments in Aluminum Corporation Of China Limited are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Aluminum

Alcoa Inc vs. Aluminum Corporation Of China Limited
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Cigna Corp

 
    
Cigna
Performance
4
Out Of
100
Over 30
Days
96% of all equities and portfolios perform better than Cigna Corp. Compared with the overall equity markets, risk-adjusted returns on investments in Cigna Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
    

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