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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 AngloGold Ashanti Ltd.  vs   Supertel Hospitality Inc.
 Compare Fundamentals  
Daily Returns (%)
AU   SPPRP   
 
Allowing for 30-days total investment horizon, AngloGold Ashanti Ltd is expected to under-perform the Supertel. In addition to that, AngloGold is 2.96 times more volatile than Supertel Hospitality Inc. It trades about -0.2 of its total potential returns per unit of risk. Supertel Hospitality Inc is currently generating about 0.13 per unit of volatility. If you would invest  996  in Supertel Hospitality Inc on April 22, 2013 and sell it today you would earn a total of  23.00  from holding Supertel Hospitality Inc or generate 2.31% return on investment over 30 days.

Diversification

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

Correlation Coefficient

-0.15
Parameters
Time Period1 Month [change]
DirectionNegative AU Moved Down vs SPPRP
StrengthInsignificant
Accuracy68.18%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
AU   SPPRP   

AngloGold Ashanti Ltd

 
    
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.
    

Match ups for AngloGold

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Supertel Hospitality Inc

 
    
Supertel
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than Supertel Hospitality Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Supertel Hospitality Inc are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Supertel

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