Macroaxis: Personalized Investing
Simple Personalized Investing

ECP RY TD BNS Farming Plastics IT Macroaxis Picks 
Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


Processing
Collecting data for CAT and MT ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Caterpillar Inc.  vs   ArcelorMittal
 Compare Fundamentals  
Daily Returns (%)
CAT   MT   
 
Considering 30-days investment horizon, Caterpillar is expected to generate 1.8 times less return on investment than ArcelorMittal. But when comparing it to its historical volatility, Caterpillar Inc is 1.3 times less risky than ArcelorMittal. It trades about 0.08 of its potential returns per unit of risk. ArcelorMittal is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest  1,221  in ArcelorMittal on April 25, 2013 and sell it today you would earn a total of  62.00  from holding ArcelorMittal or generate 5.08% return on investment over 30 days.

Diversification

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

Correlation Coefficient

0.46
Parameters
Time Period1 Month [change]
DirectionPositive MT Moved Up vs CAT
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
Follow Correlation between CAT and MT with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Add To Reader
 
Add Correlation between CAT and MT to your reader
 
Share Correlation between CAT and MT 
Find Opportunities
 
Predicted Return Density
 
Returns   
CAT   MT   

Caterpillar Inc

 
    
Caterpillar
Performance
4
Out Of
100
Over 30
Days
96% of all equities and portfolios perform better than Caterpillar Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Caterpillar Inc are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Caterpillar

Deere Company vs. Caterpillar Inc
CNH Global NV vs. Caterpillar Inc
AGCO Corporation vs. Caterpillar Inc
Terex Corp vs. Caterpillar Inc
The Manitowoc Company Inc vs. Caterpillar Inc
Lindsay Corporation vs. Caterpillar Inc
Astec Industries Inc vs. Caterpillar Inc
Alamo Group Inc vs. Caterpillar Inc
Columbus McKinnon Corporation vs. Caterpillar Inc
  

ArcelorMittal

 
    
ArcelorMittal
Performance
5
Out Of
100
Over 30
Days
95% of all equities and portfolios perform better than ArcelorMittal. Compared with the overall equity markets, risk-adjusted returns on investments in ArcelorMittal are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for ArcelorMittal

Tenaris SA vs. ArcelorMittal
POSCO vs. ArcelorMittal
Nucor Corporation vs. ArcelorMittal
Gerdau SA vs. ArcelorMittal
Companhia Siderurgica Nacional vs. ArcelorMittal
Ternium SA vs. ArcelorMittal
Steel Dynamics Inc vs. ArcelorMittal
United States Steel Corp vs. ArcelorMittal
Grupo Simec SAB de CV vs. ArcelorMittal


 
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          
  
 
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
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