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United States  USA  |  Investing Themes


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Banco Bradesco S.A.  vs   JPMorgan Chase & Co.
 Compare Fundamentals  
Daily Returns (%)
JPM   BBDC4   
 
Assuming 30 trading days horizon, Banco is expected to generate 1.11 times less return on investment than JPMorgan. In addition to that, Banco is 1.11 times more volatile than JPMorgan Chase Co. It trades about 0.34 of its total potential returns per unit of risk. JPMorgan Chase Co is currently generating about 0.42 per unit of volatility. If you would invest  4,735  in JPMorgan Chase Co on April 19, 2013 and sell it today you would earn a total of  495.00  from holding JPMorgan Chase Co or generate 10.45% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Banco Bradesco S.A. and JPMorgan Chase & Co. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.18
Parameters
Time Period1 Month [change]
DirectionNegative BBDC4.SA Moved Down vs JPM
StrengthInsignificant
Accuracy23.81%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
JPM   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

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JPMorgan Chase Co

 
    
JPMorgan
Performance
22
Out Of
100
Over 30
Days
78% of all equities and portfolios perform better than JPMorgan Chase Co. Compared with the overall equity markets, risk-adjusted returns on investments in JPMorgan Chase Co are ranked lower than 22 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for JPMorgan

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


 
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