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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Baldwin & Lyons Inc.  vs   Shanghai
Check Correlation Matrix  
Daily Returns (%)
BWINA   000001   
 
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Assuming 30 trading days horizon, Baldwin Lyons Inc is expected to generate 1.47 times more return on investment than Shanghai. However, Baldwin is 1.47 times more volatile than Shanghai. It trades about -0.14 of its potential returns per unit of risk. Shanghai is currently generating about -0.26 per unit of risk. If you would invest  2,438  in Baldwin Lyons Inc on May 20, 2013 and sell it today you would lose (93.00) from holding Baldwin Lyons Inc or give up 3.81% of portfolio value over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Baldwin & Lyons Inc. and Shanghai in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.04
Parameters
Time Period1 Month [change]
DirectionPositive 000001.SS Moved Up vs BWINA
StrengthInsignificant
Accuracy81.25%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
BWINA   000001   

Baldwin Lyons Inc

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

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Shanghai

 
    
Shanghai
Performance
0
Out Of
100
Over 30
Days
    

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