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0069 0045 0051 0105 Banks Energy Utilities Macroaxis 20 
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
 
 BorgWarner Inc.  vs   Boston Scientific Corp.
 Compare Fundamentals  
Daily Returns (%)
BSX   BWA   
 
Considering 30-days investment horizon, BorgWarner is expected to generate 3.31 times less return on investment than Boston. But when comparing it to its historical volatility, BorgWarner Inc is 1.48 times less risky than Boston. It trades about 0.22 of its potential returns per unit of risk. Boston Scientific Corporation is currently generating about 0.5 of returns per unit of risk over similar time horizon. 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

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

Correlation Coefficient

0.13
Parameters
Time Period1 Month [change]
DirectionPositive BSX Moved Up vs BWA
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
BSX   BWA   

BorgWarner Inc

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

Match-ups for BorgWarner

Johnson Controls Inc vs. BorgWarner Inc
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Gentex Corp vs. BorgWarner Inc
Visteon Corp vs. BorgWarner Inc
Dana Holding Corporation vs. BorgWarner Inc
Tenneco Inc vs. BorgWarner Inc
  

Boston Scientific Corporation

 
    
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.
    

Match-ups for Boston

Abbott Laboratories vs. Boston Scientific Corporation
Medtronic Inc vs. Boston Scientific Corporation
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Intuitive Surgical Inc vs. Boston Scientific Corporation
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St Jude Medical Inc vs. Boston Scientific Corporation
Smith Nephew plc vs. Boston Scientific Corporation
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Varian Medical Systems Inc vs. Boston Scientific Corporation


 
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