Welcome to Macroaxis
Sign in to go to your portfolios
Don't have an account? Create It
  Macroaxis: Personalized Investing   The proven technology to invest wisely
Macroaxis Country Selector USA  Change      Macroaxis User Registration Register    Macroaxis User Login Sign In
   
  
 
US Market Closed: May 25, 18:08 PM 2012  
AUO ZBRA PANL SYNA EFII MRCY 
 
 
  NYSE  7,534  18.032  Index Moved Down 



Processing
Collecting data for CHBT and MTEX ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 ChinaBiotics Inc.  and   Mannatech Inc.
Check Correlation Matrix  
Daily Returns (%)
CHBT  MTEX  
Timeline
Given investment horizon of 30 days, ChinaBiotics Inc. is expected to under-perform the Mannatech. In addition to that, ChinaBiotics is 2.15 times more volatile than Mannatech Inc.. It trades about -0.16 of its total potential returns per unit of risk. Mannatech Inc. is currently generating about -0.04 per unit of volatility. If you would invest 427.00 in Mannatech Inc. on April 25, 2012 and sell it today you would lose (3.00) from holding Mannatech Inc. or give up 0.7% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

0.45
 Parameters
Time Period1 Month [change]
DirectionPositive MTEX Moved Up vs CHBT
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
    
Follow Correlation between CHBT and MTEX with your standard RSS feed, custom widget, or your favorite social app
Add To Reader
 
Add Correlation between CHBT and MTEX to your reader
 
Get social with Correlation between CHBT and MTEX
 Share Correlation between CHBT and MTEX 
Share Share Correlation between CHBT and MTEX
    
    
 
       
Predicted Return Density
Expected Daily Returns   
CHBT  MTEX  

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.
    
    
Federal National Mortgage Association vs. ChinaBiotics Inc.
KDDI CORP vs. ChinaBiotics Inc.
SK Innovation vs. ChinaBiotics Inc.
A.P. M vs. ChinaBiotics Inc.
Citigroup Inc. vs. ChinaBiotics Inc.
AngloGold Ashanti Ltd. vs. ChinaBiotics Inc.
  

Mannatech Inc.

 
    
    
Mannatech
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Mannatech Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Procter & Gamble vs. Mannatech Inc.
ColgatePalmolive vs. Mannatech Inc.
KimberlyClark Corporation vs. Mannatech Inc.
Estee Lauder Companies Inc. vs. Mannatech Inc.
Avon Products Inc. vs. Mannatech Inc.
Energizer Holdings Inc. vs. Mannatech Inc.
       


 

 
Analytics
Investor Landscape
Efficient Frontier
Market Correlation
Risk and Return Analysis
Financial Content
Portfolio Projections
Portfolio Backtesting
Tools
FAQs
Retirement Optimizer
RSS and Mobile Access
Company Directory
Advisor Directory
Insider Directory
Wealth Management
About Us
About Macroaxis
Contact Us
Terms Of Use
Privacy Policy
Custom Reporting
Product Tour
More ROI Custom Reporting