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Collecting data for CBRX and ACUR ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Columbia Laboratories Inc.  and   Acura Pharmaceuticals Inc.
Check Correlation Matrix  
Daily Returns (%)
CBRX  ACUR  
Timeline
Given investment horizon of 30 days, Columbia Laboratories Inc. is expected to generate 1.13 times more return on investment than Acura. However, Columbia is 1.13 times more volatile than Acura Pharmaceuticals Inc.. It trades about -0.07 of its potential returns per unit of risk. Acura Pharmaceuticals Inc. is currently generating about -0.23 per unit of risk. If you would invest 68.00 in Columbia Laboratories Inc. on April 25, 2012 and sell it today you would lose (4.00) from holding Columbia Laboratories Inc. or give up 5.88% of portfolio value over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding Columbia Laboratories Inc. and Acura Pharmaceuticals Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.25
 Parameters
Time Period1 Month [change]
DirectionPositive ACUR Moved Up vs CBRX
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
CBRX  ACUR  

Columbia Laboratories Inc.

 
    
    
Columbia
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Columbia Laboratories Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Valeant Pharmaceuticals International Inc. vs. Columbia Laboratories Inc.
Elan Corporation plc vs. Columbia Laboratories Inc.
Hospira Inc. vs. Columbia Laboratories Inc.
Alkermes Inc. vs. Columbia Laboratories Inc.
PetMed Express Inc. vs. Columbia Laboratories Inc.
Acura Pharmaceuticals Inc. vs. Columbia Laboratories Inc.
  

Acura Pharmaceuticals Inc.

 
    
    
Acura
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Acura Pharmaceuticals Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Valeant Pharmaceuticals International Inc. vs. Acura Pharmaceuticals Inc.
Elan Corporation plc vs. Acura Pharmaceuticals Inc.
Hospira Inc. vs. Acura Pharmaceuticals Inc.
Alkermes Inc. vs. Acura Pharmaceuticals Inc.
PetMed Express Inc. vs. Acura Pharmaceuticals Inc.
Flamel Technologies SA vs. Acura Pharmaceuticals Inc.
       


 

 
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