Macroaxis: Personalized Investing
Simple Personalized Investing

LUMI ESLT ISTA GSFI Drugs Recycling Silver Long-Short 
Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


Processing
Collecting data for BSX and HCP ...

Asset Comparison and Correlation

 View All Portfolios 
    
Investment horizon: 
  30 Days    Login   to change
Run Correlation
 
 Boston Scientific Corp.  vs   HCP Inc.
 Compare Fundamentals  
Daily Returns (%)
BSX   HCP   
 
Change Benchmark   
Embed  Financial Widgets Catalog
Export  Financial Widgets Catalog
Timeline
Considering 30-days investment horizon, Boston Scientific Corporation is expected to generate 1.15 times more return on investment than HCP Inc. However, Boston is 1.15 times more volatile than HCP Inc. It trades about 0.5 of its potential returns per unit of risk. HCP Inc is currently generating about -0.11 per unit of risk. If you would invest  745  in Boston Scientific Corporation on April 25, 2013 and sell it today you would earn a total of  163.00  from holding Boston Scientific Corporation or generate 21.88% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Boston Scientific Corp. and HCP Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.08
Parameters
Time Period1 Month [change]
DirectionPositive HCP Moved Up vs BSX
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
Follow Correlation between BSX and HCP with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Add To Reader
Get Widget
 
Add Correlation between BSX and HCP to your reader
Syndicate
 
Share Correlation between BSX and HCP 
Find Opportunities
 
Predicted Return Density
 
Embed  Financial Widgets Catalog
Export  Financial Widgets Catalog
Returns   
BSX   HCP   

Boston Scientific Corporation

Alpha
 
Profile
    
Boston
Performance
27
Out Of
100
Over 30
Days
?
73% of all equities and portfolios perform better than Boston Scientific Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Boston Scientific Corporation are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.
Check Performance
Backtest
Predict Price
    

Match-ups for Boston

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

HCP Inc

Alpha
 
Profile
    
HCP Inc
Performance
0
Out Of
100
Over 30
Days
?
Over the last 30 days HCP Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Check Performance
Backtest
Predict Price
    

Match-ups for HCP Inc

Ventas Inc vs. HCP Inc
Health Care REIT Inc vs. HCP Inc
Omega Healthcare Investors Inc vs. HCP Inc
Healthcare Trust of America Inc vs. HCP Inc
Healthcare Realty Trust Incorporated vs. HCP Inc
Medical Properties Trust Inc vs. HCP Inc
National Health Investors Inc vs. HCP Inc
LTC Properties Inc vs. HCP Inc
Universal Health Realty Income Trust vs. HCP 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          
Take our survey
  
Financial Widget
Financial Widgets
Financial Content
Investing Content
Get Stock Ticker
Stock Tickers
 
Opportunities   Themes   Suggestions
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
  © 2013 Macroaxis Inc. All rights reserved       Custom Reporting   Advertising   Mobile Access   Retirement Grader   Alpha Search   Compare Stocks
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