Macroaxis: Personalized Investing
Simple Personalized Investing

S&P 500   1,667   17.00  Index Moved Up 1.03%
CNQ NXY ECA CPG Consumption Music and Video Money Market Software 
United States  USA  |  Investing Themes


Processing
Collecting data for CEA and UAL ...

Asset Comparison and Correlation

 View All Portfolios 
    
Investment horizon: 
  30 Days    Login   to change
Run Correlation
 
 China Eastern Airlines Corp. L  vs   United Continental Holdings In
 Compare Fundamentals  
Daily Returns (%)
CEA   UAL   
 
Embed  Financial Widgets Catalog
Export  Financial Widgets Catalog
Timeline
Considering 30-days investment horizon, China Eastern Airlines Corp Ltd is expected to under-perform the United. In addition to that, China is 1.29 times more volatile than United Continental Holdings Inc. It trades about -0.17 of its total potential returns per unit of risk. United Continental Holdings Inc is currently generating about 0.44 per unit of volatility. If you would invest  3,060  in United Continental Holdings Inc on April 18, 2013 and sell it today you would earn a total of  415.00  from holding United Continental Holdings Inc or generate 13.56% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding China Eastern Airlines Corp. L and United Continental Holdings In in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.4
Parameters
Time Period1 Month [change]
DirectionNegative CEA Moved Down vs UAL
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
Follow Correlation between CEA and UAL with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Add To Reader
Get Widget
 
Add Correlation between CEA and UAL to your reader
Syndicate
 
Share Correlation between CEA and UAL 
Find Opportunities
 
Predicted Return Density
 
Embed  Financial Widgets Catalog
Export  Financial Widgets Catalog
Returns   
CEA   UAL   

China Eastern Airlines Corp Ltd

Alpha
 
Profile
    
China
Performance
0
Out Of
100
Over 30
Days
?
Over the last 30 days China Eastern Airlines Corp Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
Check Performance
Backtest
Predict Price
    

Match ups for China

Delta Air Lines Inc vs. China Eastern Airlines Corp Ltd
China Southern Airlines Co Ltd vs. China Eastern Airlines Corp Ltd
US Airways Group Inc vs. China Eastern Airlines Corp Ltd
TAM SA vs. China Eastern Airlines Corp Ltd
BCE Inc vs. China Eastern Airlines Corp Ltd
Eagle Materials Inc vs. China Eastern Airlines Corp Ltd
  

United Continental Holdings Inc

Alpha
 
Profile
    
United
Performance
23
Out Of
100
Over 30
Days
?
77% of all equities and portfolios perform better than United Continental Holdings Inc. Compared with the overall equity markets, risk-adjusted returns on investments in United Continental Holdings Inc are ranked lower than 23 (%) of all global equities and portfolios over the last 30 days.
Check Performance
Backtest
Predict Price
    

Match ups for United

Delta Air Lines Inc vs. United Continental Holdings Inc
China Southern Airlines Co Ltd vs. United Continental Holdings Inc
China Eastern Airlines Corp Ltd vs. United Continental Holdings Inc
US Airways Group Inc vs. United Continental Holdings Inc
TAM SA vs. United Continental Holdings Inc
BCE Inc vs. United Continental Holdings Inc
Eagle Materials Inc vs. United Continental Holdings Inc


 
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          
Take our survey
  
Financial Widget
Financial Widgets
Financial Content
Investing Content
Get Stock Ticker
Stock Tickers
 
Opportunities   Themes   Suggestions
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
  © 2013 Macroaxis Inc. All rights reserved       Custom Reporting   Advertising   Mobile Access   Retirement Grader   Alpha Search   Compare Stocks
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