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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 BSD Medical Corp.  vs   Smith & Nephew plc
 Compare Fundamentals  
Daily Returns (%)
SNN   BSDM   
 
Given investment horizon of 30 days, BSD Medical Corp is expected to generate 3.78 times more return on investment than Smith. However, BSD Medical is 3.78 times more volatile than Smith Nephew plc. It trades about 0.12 of its potential returns per unit of risk. Smith Nephew plc is currently generating about 0.16 per unit of risk. If you would invest  114.00  in BSD Medical Corp on April 26, 2013 and sell it today you would earn a total of  10.00  from holding BSD Medical Corp or generate 8.77% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding BSD Medical Corp. and Smith & Nephew plc in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.25
Parameters
Time Period1 Month [change]
DirectionNegative BSDM Moved Down vs SNN
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SNN   BSDM   

BSD Medical Corp

 
    
BSD Medical
Performance
6
Out Of
100
Over 30
Days
94% 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 6 (%) 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
St Jude Medical Inc vs. BSD Medical Corp
Boston Scientific Corporation 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
  

Smith Nephew plc

 
    
Smith
Performance
8
Out Of
100
Over 30
Days
92% of all equities and portfolios perform better than Smith Nephew plc. Compared with the overall equity markets, risk-adjusted returns on investments in Smith Nephew plc are ranked lower than 8 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Smith

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


 
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