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US Market Closed: May 25, 17:31 PM 2012  
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for CECO and STRA ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Career Education Corp.  and   Strayer Education Inc.
Check Correlation Matrix  
Daily Returns (%)
STRA  CECO  
Timeline
Given investment horizon of 30 days, Career Education Corporation is expected to under-perform the Strayer. In addition to that, Career is 1.08 times more volatile than Strayer Education Inc.. It trades about -0.09 of its total potential returns per unit of risk. Strayer Education Inc. is currently generating about 0.02 per unit of volatility. If you would invest 9,905 in Strayer Education Inc. on April 25, 2012 and sell it today you would lose (1,280) from holding Strayer Education Inc. or give up 12.92% of portfolio value over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding Career Education Corp. and Strayer Education Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.28
 Parameters
Time Period1 Month [change]
DirectionPositive STRA Moved Up vs CECO
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
STRA  CECO  

Career Education Corporation

 
    
    
Career
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Career Education Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
New Oriental Education & Technology Group vs. Career Education Corporation
Apollo Group Inc. vs. Career Education Corporation
The Washington Post Company vs. Career Education Corporation
DeVry Inc. vs. Career Education Corporation
ITT Educational Services Inc. vs. Career Education Corporation
Education Management Corporation vs. Career Education Corporation
  

Strayer Education Inc.

 
    
    
Strayer
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Strayer Education Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
New Oriental Education & Technology Group vs. Strayer Education Inc.
Apollo Group Inc. vs. Strayer Education Inc.
The Washington Post Company vs. Strayer Education Inc.
DeVry Inc. vs. Strayer Education Inc.
ITT Educational Services Inc. vs. Strayer Education Inc.
Education Management Corporation vs. Strayer Education Inc.
       


 

 
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