Macroaxis: Personalized Investing
Simple Personalized Investing

S&P 500   1,667   17.00  Index Moved Up 1.03%
PEPR HVPE AAA NBPE Raw Materials Alcohol Communication Entertainment 
United States  USA  |  Macroaxis Daily Picks


Processing
Collecting data for BSDM and MDT ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 BSD Medical Corp.  vs   Medtronic Inc.
 Compare Fundamentals  
Daily Returns (%)
MDT   BSDM   
 
Given investment horizon of 30 days, BSD Medical Corp is expected to generate 3.42 times more return on investment than Medtronic. However, BSD Medical is 3.42 times more volatile than Medtronic Inc. It trades about 0.22 of its potential returns per unit of risk. Medtronic Inc is currently generating about 0.49 per unit of risk. If you would invest  107.00  in BSD Medical Corp on April 19, 2013 and sell it today you would earn a total of  11.00  from holding BSD Medical Corp or generate 10.28% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding BSD Medical Corp. and Medtronic Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.17
Parameters
Time Period1 Month [change]
DirectionNegative BSDM Moved Down vs MDT
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
Follow Correlation between BSDM and MDT with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Add To Reader
 
Add Correlation between BSDM and MDT to your reader
 
Share Correlation between BSDM and MDT 
Find Opportunities
 
Predicted Return Density
 
Returns   
MDT   BSDM   

BSD Medical Corp

 
    
BSD Medical
Performance
11
Out Of
100
Over 30
Days
89% of all equities and portfolios perform better than BSD Medical Corp. Compared with the overall equity markets, risk-adjusted returns on investments in BSD Medical Corp are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for BSD Medical

Abbott Laboratories vs. BSD Medical Corp
Medtronic Inc vs. BSD Medical Corp
Stryker Corporation vs. BSD Medical Corp
Intuitive Surgical Inc vs. BSD Medical Corp
Zimmer Holdings Inc vs. BSD Medical Corp
Boston Scientific Corporation vs. BSD Medical Corp
St Jude Medical Inc vs. BSD Medical Corp
Smith Nephew plc vs. BSD Medical Corp
Edwards Lifesciences Corp vs. BSD Medical Corp
Varian Medical Systems Inc vs. BSD Medical Corp
  

Medtronic Inc

 
    
Medtronic
Performance
26
Out Of
100
Over 30
Days
74% of all equities and portfolios perform better than Medtronic Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Medtronic Inc are ranked lower than 26 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Medtronic

Abbott Laboratories vs. Medtronic Inc
Stryker Corporation vs. Medtronic Inc
Intuitive Surgical Inc vs. Medtronic Inc
Zimmer Holdings Inc vs. Medtronic Inc
Boston Scientific Corporation vs. Medtronic Inc
St Jude Medical Inc vs. Medtronic Inc
Smith Nephew plc vs. Medtronic Inc
Edwards Lifesciences Corp vs. Medtronic Inc
Varian Medical Systems Inc vs. Medtronic Inc


 
Analytics
Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder
 
 
Research Modules
Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management
 Gadgets, Widgets, and Apps          
  
 
Services And Technology
Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing
 
Free Investor Tools
World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis
 
About Us
About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities
Content

Thanks for checking out Macroaxis

Tell us what you like and what you don't like. We promise we'll not only listen but write you back

Contact Us
Macroaxis is user-driven community of investors. We appreciate any feedback or comment you can provide. Please fill out our quick survey to help us provide your with a better service and user experience

Fill Out Quick Survey
Most of the functionality on our site is free to use. However we do provide premium service to sophisticated investors. Our premium subscription will give you unprecedented capabilities to optimize your portfolios using robust financial analysis toolkit, fast mean-variance optimization engine, and proven portfolio theory

Go Premium