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Collecting data for ATC and GRVY ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Atlantic Coal PLC  and   Gravity Co. Ltd
Check Correlation Matrix  
Daily Returns (%)
ATC  GRVY  
Timeline
Assuming 30 trading days horizon, Atlantic Coal PLC is expected to generate 1.74 times more return on investment than Gravity. However, Atlantic is 1.74 times more volatile than Gravity Ltd. It trades about -0.07 of its potential returns per unit of risk. Gravity Ltd is currently generating about -0.23 per unit of risk. If you would invest 40.00 in Atlantic Coal PLC on April 25, 2012 and sell it today you would lose (10.00) from holding Atlantic Coal PLC or give up 25.0% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

0.24
 Parameters
Time Period1 Month [change]
DirectionPositive GRVY Moved Up vs ATC.L
StrengthVery Weak
Accuracy81.82%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
ATC  GRVY  

Atlantic Coal PLC

 
    
    
Atlantic
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Atlantic Coal PLC 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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