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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 BNP Paribas SA  vs   SK Innovation
 Compare Fundamentals  
Daily Returns (%)
096770   BNPQF   
 
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Assuming 30 trading days horizon, BNP Paribas SA is expected to generate 2.24 times more return on investment than SK Innovati. However, BNP Paribas is 2.24 times more volatile than SK Innovation. It trades about 0.17 of its potential returns per unit of risk. SK Innovation is currently generating about -0.44 per unit of risk. If you would invest  5,900  in BNP Paribas SA on May 21, 2013 and sell it today you would lose (50.00) from holding BNP Paribas SA or give up 0.85% of portfolio value over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding BNP Paribas SA and SK Innovation in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.11
Parameters
Time Period1 Month [change]
DirectionPositive 096770.KS Moved Up vs BNPQF.PK
StrengthInsignificant
Accuracy90.48%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
096770   BNPQF   

BNP Paribas SA

 
    
BNP Paribas
Performance
9
Out Of
100
Over 30
Days
91% of all equities and portfolios perform better than BNP Paribas SA. Compared with the overall equity markets, risk-adjusted returns on investments in BNP Paribas SA are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for BNP Paribas

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SK Innovation

 
    
SK Innovati
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days SK Innovation has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for SK Innovati

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