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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 BorgWarner Inc.  vs   Tiffany & Co.
 Compare Fundamentals  
Daily Returns (%)
BWA   TIF   
 
Considering 30-days investment horizon, BorgWarner Inc is expected to generate 2.07 times more return on investment than Tiffany. However, BorgWarner is 2.07 times more volatile than Tiffany Co. It trades about 0.59 of its potential returns per unit of risk. Tiffany Co is currently generating about 0.72 per unit of risk. If you would invest  7,336  in BorgWarner Inc on April 21, 2013 and sell it today you would earn a total of  1,145  from holding BorgWarner Inc or generate 15.61% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding BorgWarner Inc. and Tiffany & Co. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.51
Parameters
Time Period1 Month [change]
DirectionPositive TIF Moved Up vs BWA
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
BWA   TIF   

BorgWarner Inc

 
    
BorgWarner
Performance
32
Out Of
100
Over 30
Days
68% 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 32 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for BorgWarner

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Tiffany Co

 
    
Tiffany
Performance
39
Out Of
100
Over 30
Days
61% of all equities and portfolios perform better than Tiffany Co. Compared with the overall equity markets, risk-adjusted returns on investments in Tiffany Co are ranked lower than 39 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Tiffany

Signet Jewelers Limited vs. Tiffany Co
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