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Benchmark SP 500  1,650   2.19  Index Moved Down -0.13% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 BSQUARE Corp.  vs   Red Hat Inc.
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Daily Returns (%)
RHT   BSQR   
 
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Given investment horizon of 30 days, BSQUARE Corp is expected to generate 1.56 times more return on investment than Red Hat. However, BSQUARE is 1.56 times more volatile than Red Hat Inc. It trades about -0.18 of its potential returns per unit of risk. Red Hat Inc is currently generating about -0.44 per unit of risk. If you would invest  283.00  in BSQUARE Corp on May 20, 2013 and sell it today you would lose (15.00) from holding BSQUARE Corp or give up 5.3% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

-0.2
Parameters
Time Period1 Month [change]
DirectionNegative BSQR Moved Down vs RHT
StrengthInsignificant
Accuracy95.24%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
RHT   BSQR   

BSQUARE Corp

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

Match-ups for BSQUARE

Oracle Corporation vs. BSQUARE Corp
salesforce inc vs. BSQUARE Corp
Adobe Systems Inc vs. BSQUARE Corp
Red Hat Inc vs. BSQUARE Corp
BMC Software Inc vs. BSQUARE Corp
F5 Networks Inc vs. BSQUARE Corp
Nuance Communications Inc vs. BSQUARE Corp
  

Red Hat Inc

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

Match-ups for Red Hat

Oracle Corporation vs. Red Hat Inc
salesforce inc vs. Red Hat Inc
Adobe Systems Inc vs. Red Hat Inc
BMC Software Inc vs. Red Hat Inc
F5 Networks Inc vs. Red Hat Inc
Nuance Communications Inc vs. Red Hat Inc


 
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