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


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Collecting data for AMBV4 and RB ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Companhia de Bebidas Das Ameri  vs   Russell Breweries Inc.
 Compare Fundamentals  
Daily Returns (%)
RB   AMBV4   
 
Assuming 30 trading days horizon, Companhia de Bebidas Das Americas AMBEV is expected to generate 0.25 times more return on investment than Russell. However, Companhia de Bebidas Das Americas AMBEV is 3.94 times less risky than Russell. It trades about 0.34 of its potential returns per unit of risk. Russell Breweries Inc is currently generating about -0.11 per unit of risk. If you would invest  7,860  in Companhia de Bebidas Das Americas AMBEV on April 24, 2013 and sell it today you would earn a total of  263.00  from holding Companhia de Bebidas Das Americas AMBEV or generate 3.35% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Companhia de Bebidas Das Ameri and Russell Breweries Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.03
Parameters
Time Period1 Month [change]
DirectionNegative AMBV4.SA Moved Down vs RB.V
StrengthInsignificant
Accuracy14.29%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
RB   AMBV4   

Companhia de Bebidas Das Americas AMBEV

 
    
Companhia
Performance
18
Out Of
100
Over 30
Days
82% of all equities and portfolios perform better than Companhia de Bebidas Das Americas AMBEV. Compared with the overall equity markets, risk-adjusted returns on investments in Companhia de Bebidas Das Americas AMBEV are ranked lower than 18 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Companhia

Companhia de Bebidas Das Americas AMBEV vs. Companhia de Bebidas Das Americas AMBEV
Aliansce Shopping Centers SA vs. Companhia de Bebidas Das Americas AMBEV
  

Russell Breweries Inc

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

Match-ups for Russell

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Brick Brewing Co Ltd vs. Russell Breweries Inc
Power Corporation of Canada vs. Russell Breweries Inc
BCE Inc vs. Russell Breweries Inc
IG Mackenzie Income J DSC vs. Russell Breweries Inc
Eastmain Resources Inc vs. Russell Breweries Inc


 
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