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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Baron Partners Retail  vs   Fidelity Select Electronics
 Compare Fundamentals  
Daily Returns (%)
FSELX   BPTRX   
 
Assuming 30 trading days horizon, Baron is expected to generate 2.15 times less return on investment than Fidelity. In addition to that, Baron is 1.07 times more volatile than Fidelity Select Electronics. It trades about 0.28 of its total potential returns per unit of risk. Fidelity Select Electronics is currently generating about 0.65 per unit of volatility. If you would invest  4,859  in Fidelity Select Electronics on April 22, 2013 and sell it today you would earn a total of  551  from holding Fidelity Select Electronics or generate 11.34% return on investment over 30 days.

Diversification

Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding Baron Partners Retail and Fidelity Select Electronics in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.72
Parameters
Time Period1 Month [change]
DirectionPositive FSELX Moved Up vs BPTRX
StrengthSignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
FSELX   BPTRX   

Baron Partners Retail

 
    
Baron
Performance
15
Out Of
100
Over 30
Days
85% of all equities and portfolios perform better than Baron Partners Retail. Compared with the overall equity markets, risk-adjusted returns on investments in Baron Partners Retail are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Baron

T Rowe Price MidCap Growth vs. Baron Partners Retail
T Rowe Price MidCap Growth R vs. Baron Partners Retail
T Rowe Price MidCap Growth Adv vs. Baron Partners Retail
Columbia Acorn A vs. Baron Partners Retail
Columbia Acorn Z vs. Baron Partners Retail
Columbia Acorn I vs. Baron Partners Retail
Columbia Acorn C vs. Baron Partners Retail
Columbia Acorn B vs. Baron Partners Retail
Neuberger Berman Genesis Inv vs. Baron Partners Retail
Neuberger Berman Genesis Tr vs. Baron Partners Retail
  

Fidelity Select Electronics

 
    
Fidelity
Performance
35
Out Of
100
Over 30
Days
65% of all equities and portfolios perform better than Fidelity Select Electronics. Compared with the overall equity markets, risk-adjusted returns on investments in Fidelity Select Electronics are ranked lower than 35 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Fidelity

Columbia Seligman Comms Info R5 vs. Fidelity Select Electronics
Columbia Seligman Comms Info R vs. Fidelity Select Electronics
Columbia Seligman Comms Info I vs. Fidelity Select Electronics
Columbia Seligman Comms Info Z vs. Fidelity Select Electronics
Columbia Seligman Comms Info A vs. Fidelity Select Electronics
Columbia Seligman Comms Info R4 vs. Fidelity Select Electronics
Columbia Seligman Comms Info C vs. Fidelity Select Electronics
Columbia Seligman Comms Info K vs. Fidelity Select Electronics
Columbia Seligman Comms Info B vs. Fidelity Select Electronics
Vanguard Information Technology Idx Adm vs. Fidelity Select Electronics


 
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