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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Barnes Group Inc.  vs   Conns Inc.
 Compare Fundamentals  
Daily Returns (%)
B   CONN   
 
Taking into account 30 trading days horizon, Barnes is expected to generate 1.29 times less return on investment than Conns. But when comparing it to its historical volatility, Barnes Group Inc is 1.68 times less risky than Conns. It trades about 0.46 of its potential returns per unit of risk. Conns Inc is currently generating about 0.35 of returns per unit of risk over similar time horizon. If you would invest  4,122  in Conns Inc on April 19, 2013 and sell it today you would earn a total of  699  from holding Conns Inc or generate 16.96% return on investment over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding Barnes Group Inc. and Conns Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.25
Parameters
Time Period1 Month [change]
DirectionPositive CONN Moved Up vs B
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
B   CONN   

Barnes Group Inc

 
    
Barnes
Performance
24
Out Of
100
Over 30
Days
76% of all equities and portfolios perform better than Barnes Group Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Barnes Group Inc are ranked lower than 24 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Barnes

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CIRCOR International Inc vs. Barnes Group Inc
Standex International Corp vs. Barnes Group Inc
  

Conns Inc

 
    
Conns
Performance
19
Out Of
100
Over 30
Days
81% of all equities and portfolios perform better than Conns Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Conns Inc are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Conns

Best Buy Co Inc vs. Conns Inc
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