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US Market Closed: May 25, 18:03 PM 2012  
NYB PBCT HCBK FNFG OCN CFFN 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for CHBT and CTDH ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 ChinaBiotics Inc.  and   Ctd Holdings Inc
Check Correlation Matrix  
Daily Returns (%)
CHBT  CTDH  
Timeline
Given investment horizon of 30 days, ChinaBiotics Inc. is expected to under-perform the Ctd Holdings. In addition to that, ChinaBiotics is 3.19 times more volatile than Ctd Holdings Inc. It trades about -0.16 of its total potential returns per unit of risk. Ctd Holdings Inc is currently generating about 0.09 per unit of volatility. If you would invest 20.00 in Ctd Holdings Inc on April 25, 2012 and sell it today you would earn a total of 0.00 from holding Ctd Holdings Inc or generate 0.0% 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 Ctd Holdings Inc in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.01
 Parameters
Time Period1 Month [change]
DirectionNegative CHBT Moved Down vs CTDH.OB
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between CHBT and CTDH
    
    
 
       
Predicted Return Density
Expected Daily Returns   
CHBT  CTDH  

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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Ctd Holdings Inc

 
    
    
Ctd Holdings
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than Ctd Holdings Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Ctd Holdings Inc are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    
    
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