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Collecting data for BGAIF and HCCI ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 BioGaia AB  and   HeritageCrystal Clean Inc
Check Correlation Matrix  
Daily Returns (%)
BGAIF  HCCI  
Timeline
Assuming 30 trading days horizon, BioGaia AB is expected to under-perform the HeritageCrys. In addition to that, BioGaia is 2.06 times more volatile than HeritageCrystal Clean Inc. It trades about -0.23 of its total potential returns per unit of risk. HeritageCrystal Clean Inc is currently generating about -0.18 per unit of volatility. If you would invest 2,117 in HeritageCrystal Clean Inc on April 25, 2012 and sell it today you would lose (292.00) from holding HeritageCrystal Clean Inc or give up 13.79% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding BioGaia AB and HeritageCrystal Clean Inc in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.14
 Parameters
Time Period1 Month [change]
DirectionNegative BGAIF.PK Moved Down vs HCCI
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between BGAIF and HCCI
    
    
 
       
Predicted Return Density
Expected Daily Returns   
BGAIF  HCCI  

BioGaia AB

 
    
    
BioGaia
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days BioGaia AB has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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HeritageCrystal Clean Inc

 
    
    
HeritageCrys
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days HeritageCrystal Clean Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Waste Management Inc. vs. HeritageCrystal Clean Inc
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Stericycle Inc. vs. HeritageCrystal Clean Inc
Veolia Environnement S.A. vs. HeritageCrystal Clean Inc
Waste Connections Inc. vs. HeritageCrystal Clean Inc
Progressive Waste Solutions Ltd. vs. HeritageCrystal Clean Inc
       


 

 
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