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Investment horizon:

30 Days Login to change

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BioRad Laboratories Inc. vs Hurco Companies Inc.

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Daily Returns (%)

HURC

BIO

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Timeline

Considering 30-days investment horizon, BioRad Laboratories Inc is expected to under-perform the Hurco. In addition to that, BioRad is 1.46 times more volatile than Hurco Companies Inc. It trades about -0.08 of its total potential returns per unit of risk. Hurco Companies Inc is currently generating about 0.33 per unit of volatility. If you would invest 2,619 in Hurco Companies Inc on April 22, 2013 and sell it today you would earn a total of 252.00 from holding Hurco Companies Inc or generate 9.62% return on investment over 30 days.

Diversification

Good diversification

Overlapping area represents amount of risk that can be diversified away by holding BioRad Laboratories Inc. and Hurco Companies Inc. in the same portfolio assuming nothing else is changed

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Correlation Coefficient

-0.06

Parameters

Time Period	1 Month [change]
Direction	Negative
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

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Predicted Return Density

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Returns

HURC

BIO

BioRad Laboratories Inc

Alpha

Profile

BioRad

Performance

0	Out Of 100

Over 30

Days

Over the last 30 days BioRad Laboratories Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

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Match ups for BioRad

Waters Corp vs. BioRad Laboratories Inc

Garmin Ltd vs. BioRad Laboratories Inc

Trimble Navigation Limited vs. BioRad Laboratories Inc

Compagnie G vs. BioRad Laboratories Inc

Bruker Corporation vs. BioRad Laboratories Inc

Cepheid vs. BioRad Laboratories Inc

FEI Company vs. BioRad Laboratories Inc

Cognex Corporation vs. BioRad Laboratories Inc

Itron Inc vs. BioRad Laboratories Inc

Hurco Companies Inc

Alpha

Profile

Hurco

Performance

17	Out Of 100

Over 30

Days

83% of all equities and portfolios perform better than Hurco Companies Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Hurco Companies Inc are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.

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Match ups for Hurco

Waters Corp vs. Hurco Companies Inc

Garmin Ltd vs. Hurco Companies Inc

Trimble Navigation Limited vs. Hurco Companies Inc

Compagnie G vs. Hurco Companies Inc

BioRad Laboratories Inc vs. Hurco Companies Inc

Bruker Corporation vs. Hurco Companies Inc

Cepheid vs. Hurco Companies Inc

FEI Company vs. Hurco Companies Inc

Cognex Corporation vs. Hurco Companies Inc

Itron Inc vs. Hurco Companies Inc

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