Welcome to Macroaxis
Sign in to go to your portfolios
Don't have an account? Create It
  Macroaxis: Personalized Investing   The proven technology to invest wisely
Macroaxis Country Selector USA  Change      Macroaxis User Registration Register    Macroaxis User Login Sign In
   
  
 
US Market Open: May 25, 16:39 PM 2012  
PTRAX PTTAX PTTBX PTRRX PTTPX PTTRX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



Processing
Collecting data for CBRX and INSV ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Columbia Laboratories Inc.  and   Insite Vision Inc.
Check Correlation Matrix  
Daily Returns (%)
INSV  CBRX  
Timeline
Given investment horizon of 30 days, Columbia Laboratories Inc. is expected to generate 0.72 times more return on investment than Insite. However, Columbia Laboratories Inc. is 1.4 times less risky than Insite. It trades about -0.07 of its potential returns per unit of risk. Insite Vision Inc. is currently generating about -0.06 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 Insite Vision Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.22
 Parameters
Time Period1 Month [change]
DirectionPositive INSV.OB Moved Up vs CBRX
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
    
Follow Correlation between CBRX and INSV with your standard RSS feed, custom widget, or your favorite social app
Add To Reader
 
Add Correlation between CBRX and INSV to your reader
 
Get social with Correlation between CBRX and INSV
 Share Correlation between CBRX and INSV 
Share Share Correlation between CBRX and INSV
    
    
 
       
Predicted Return Density
Expected Daily Returns   
INSV  CBRX  

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.
  

Insite Vision Inc.

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


 

 
Analytics
Investor Landscape
Efficient Frontier
Market Correlation
Risk and Return Analysis
Financial Content
Portfolio Projections
Portfolio Backtesting
Tools
FAQs
Retirement Optimizer
RSS and Mobile Access
Company Directory
Advisor Directory
Insider Directory
Wealth Management
About Us
About Macroaxis
Contact Us
Terms Of Use
Privacy Policy
Custom Reporting
Product Tour
More ROI Custom Reporting