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SP 500   1,669   2.87  Index Moved Up 0.17%
FNMFO FNMFO 096770 KDDIF World Allocation Precious Metals Raw Materials Consumption 
United States GSPC USD ...  |  Investing Themes


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Asset Comparison and Correlation

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Investment horizon: 
  30 Days    Login   to change
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 AngloGold Ashanti Ltd.  vs   Compa
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Daily Returns (%)
AU   BVN   
 
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Allowing for 30-days total investment horizon, AngloGold Ashanti Ltd is expected to generate 0.99 times more return on investment than Compa. However, AngloGold Ashanti Ltd is 1.01 times less risky than Compa. It trades about -0.2 of its potential returns per unit of risk. Compa is currently generating about -0.26 per unit of risk. If you would invest  1,827  in AngloGold Ashanti Ltd on April 22, 2013 and sell it today you would lose (189.00) from holding AngloGold Ashanti Ltd or give up 10.34% of portfolio value over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding AngloGold Ashanti Ltd. and Compa in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.54
Parameters
Time Period1 Month [change]
DirectionPositive BVN Moved Up vs AU
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Returns   
AU   BVN   

AngloGold Ashanti Ltd

Alpha
 
Profile
    
AngloGold
Performance
0
Out Of
100
Over 30
Days
?
Over the last 30 days AngloGold Ashanti Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
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Match ups for AngloGold

Goldcorp Inc vs. AngloGold Ashanti Ltd
Barrick Gold Corporation vs. AngloGold Ashanti Ltd
Newmont Mining Corp vs. AngloGold Ashanti Ltd
Yamana Gold Inc vs. AngloGold Ashanti Ltd
Kinross Gold Corporation vs. AngloGold Ashanti Ltd
AgnicoEagle Mines Ltd vs. AngloGold Ashanti Ltd
Compa vs. AngloGold Ashanti Ltd
Eldorado Gold Corp vs. AngloGold Ashanti Ltd
Gold Fields Ltd vs. AngloGold Ashanti Ltd
  

Compa

Alpha
 
Profile
    
Compa
Performance
0
Out Of
100
Over 30
Days
?
Over the last 30 days Compa has generated negative risk-adjusted returns adding no value to investors with long positions.
Check Performance
Backtest
Predict Price
    

Match ups for Compa

AngloGold Ashanti Ltd vs. Compa
Goldcorp Inc vs. Compa
Barrick Gold Corporation vs. Compa
Newmont Mining Corp vs. Compa
Yamana Gold Inc vs. Compa
Kinross Gold Corporation vs. Compa
AgnicoEagle Mines Ltd vs. Compa
Eldorado Gold Corp vs. Compa
Gold Fields Ltd vs. Compa


 
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