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FBICX FRIAX FICBX FCISX Money Market Beers Exotic Soft Drinks 
Benchmark SP 500  1,637   15.24  Index Moved Down -0.92% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 American Funds Capital Inc Bld  vs   Templeton Global Bond Adv
 Compare Fundamentals  
Daily Returns (%)
TGBAX   CAIBX   
 
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Assuming 30 trading days horizon, American Funds Capital Inc Bldr A is expected to generate 1.63 times more return on investment than Templeton. However, American is 1.63 times more volatile than Templeton Global Bond Adv. It trades about -0.26 of its potential returns per unit of risk. Templeton Global Bond Adv is currently generating about -0.57 per unit of risk. If you would invest  5,792  in American Funds Capital Inc Bldr A on May 20, 2013 and sell it today you would lose (203.00) from holding American Funds Capital Inc Bldr A or give up 3.5% of portfolio value over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding American Funds Capital Inc Bld and Templeton Global Bond Adv in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.32
Parameters
Time Period1 Month [change]
DirectionPositive TGBAX Moved Up vs CAIBX
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
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American Funds Capital Inc Bldr A

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

Templeton Global Bond Adv

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

Match-ups for Templeton

Templeton Global Bond A vs. Templeton Global Bond Adv
Templeton Global Bond R vs. Templeton Global Bond Adv
American Funds Capital World Bond A vs. Templeton Global Bond Adv


 
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