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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Banco Bradesco S.A.  vs   Citigroup Inc.
 Compare Fundamentals  
Daily Returns (%)
C   BBDC4   
 
Assuming 30 trading days horizon, Banco is expected to generate 1.48 times less return on investment than Citigroup. But when comparing it to its historical volatility, Banco Bradesco SA is 1.03 times less risky than Citigroup. It trades about 0.34 of its potential returns per unit of risk. Citigroup Inc is currently generating about 0.49 of returns per unit of risk over similar time horizon. If you would invest  4,515  in Citigroup Inc on April 19, 2013 and sell it today you would earn a total of  630  from holding Citigroup Inc or generate 13.95% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Banco Bradesco S.A. and Citigroup Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.26
Parameters
Time Period1 Month [change]
DirectionNegative BBDC4.SA Moved Down vs C
StrengthInsignificant
Accuracy23.81%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
C   BBDC4   

Banco Bradesco SA

 
    
Banco
Performance
18
Out Of
100
Over 30
Days
82% of all equities and portfolios perform better than Banco Bradesco SA. Compared with the overall equity markets, risk-adjusted returns on investments in Banco Bradesco SA are ranked lower than 18 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Banco

Banco ABC Brasil SA vs. Banco Bradesco SA
Banco da Amazonia SA vs. Banco Bradesco SA
Aliansce Shopping Centers SA vs. Banco Bradesco SA
  

Citigroup Inc

 
    
Citigroup
Performance
26
Out Of
100
Over 30
Days
74% of all equities and portfolios perform better than Citigroup Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Citigroup Inc are ranked lower than 26 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Citigroup

Industrial and Commercial Bank of China Limited vs. Citigroup Inc
Wells Fargo Company vs. Citigroup Inc
JPMorgan Chase Co vs. Citigroup Inc
Bank of America Corporation vs. Citigroup Inc
Banco Bradesco SA vs. Citigroup Inc
Mitsubishi UFJ Financial Group Inc vs. Citigroup Inc
Australia New Zealand Banking Group Limited vs. Citigroup Inc
The TorontoDominion Bank vs. Citigroup Inc
The Bank Of Nova Scotia vs. Citigroup Inc


 
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