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US Market Open: May 25, 16:38 PM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for CBRX and HSP ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Columbia Laboratories Inc.  and   Hospira Inc.
Check Correlation Matrix  
Daily Returns (%)
CBRX  HSP  
Timeline
Given investment horizon of 30 days, Columbia Laboratories Inc. is expected to generate 2.53 times more return on investment than Hospira. However, Columbia is 2.53 times more volatile than Hospira Inc.. It trades about -0.07 of its potential returns per unit of risk. Hospira Inc. is currently generating about -0.3 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

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

Correlation Coefficient

0.44
 Parameters
Time Period1 Month [change]
DirectionPositive HSP Moved Up vs CBRX
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between CBRX and HSP
    
    
 
       
Predicted Return Density
Expected Daily Returns   
CBRX  HSP  

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.
  

Hospira Inc.

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


 

 
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