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US Market Closed: May 25, 18:02 PM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for CHBT and AUXL ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 ChinaBiotics Inc.  and   Auxilium Pharmaceuticals Inc.
Check Correlation Matrix  
Daily Returns (%)
CHBT  AUXL  
Timeline
Given investment horizon of 30 days, ChinaBiotics Inc. is expected to under-perform the Auxilium. In addition to that, ChinaBiotics is 4.64 times more volatile than Auxilium Pharmaceuticals Inc.. It trades about -0.16 of its total potential returns per unit of risk. Auxilium Pharmaceuticals Inc. is currently generating about 0.13 per unit of volatility. If you would invest 1,807 in Auxilium Pharmaceuticals Inc. on April 25, 2012 and sell it today you would earn a total of 103.00 from holding Auxilium Pharmaceuticals Inc. or generate 5.7% return on investment over 30 days.

Diversification

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

Correlation Coefficient

-0.15
 Parameters
Time Period1 Month [change]
DirectionNegative CHBT Moved Down vs AUXL
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
CHBT  AUXL  

ChinaBiotics Inc.

 
    
    
ChinaBiotics
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days ChinaBiotics Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Auxilium Pharmaceuticals Inc.

 
    
    
Auxilium
Performance
5
Out Of
100
Over 30
Days
95% of all equities and portfolios perform better than Auxilium Pharmaceuticals Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in Auxilium Pharmaceuticals Inc. are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
    
    
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