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US Market Closed: May 25, 18:07 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 HLF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 ChinaBiotics Inc.  and   Herbalife Ltd.
Check Correlation Matrix  
Daily Returns (%)
HLF  CHBT  
Timeline
Given investment horizon of 30 days, ChinaBiotics Inc. is expected to generate 1.58 times more return on investment than Herbalife. However, ChinaBiotics is 1.58 times more volatile than Herbalife Ltd.. It trades about -0.16 of its potential returns per unit of risk. Herbalife Ltd. is currently generating about -0.25 per unit of risk. If you would invest 143.00 in ChinaBiotics Inc. on April 25, 2012 and sell it today you would lose (64.00) from holding ChinaBiotics Inc. or give up 44.76% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

0.14
 Parameters
Time Period1 Month [change]
DirectionPositive HLF Moved Up vs CHBT
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between CHBT and HLF
    
    
 
       
Predicted Return Density
Expected Daily Returns   
HLF  CHBT  

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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Herbalife Ltd.

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