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PAYX RHI MAN MAN Air Hotels Services Technology 
Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Grupo Aeroportuario del Surest  vs   S&P 500
Check Correlation Matrix  
Daily Returns (%)
GSPC   ASURB   
 
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Assuming 30 trading days horizon, Grupo Aeroportuario del Sureste SAB de CV is expected to under-perform the SP 500. In addition to that, Grupo is 2.19 times more volatile than S&P 500. It trades about -0.08 of its total potential returns per unit of risk. S&P 500 is currently generating about -0.12 per unit of volatility. If you would invest  165,535  in S&P 500 on May 21, 2013 and sell it today you would lose (2,642) from holding S&P 500 or give up 1.6% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Grupo Aeroportuario del Surest and S&P 500 in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.19
Parameters
Time Period1 Month [change]
DirectionNegative ASURB.MX Moved Down vs ^GSPC
StrengthInsignificant
Accuracy80.95%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
GSPC   ASURB   

Grupo Aeroportuario del Sureste SAB de C

 
    
Grupo
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Grupo Aeroportuario del Sureste SAB de CV has generated negative risk-adjusted returns adding no value to investors with long positions.
    
  

S&P 500

 
    
SP 500
Performance
0
Out Of
100
Over 30
Days
    

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