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Investment horizon:

30 Days Login to change

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Chesapeake Midstr vs Hess Corp.

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Daily Returns (%)

CHKM

HES

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Given investment horizon of 30 days, CHKM is expected to generate 1.04 times more return on investment than Hess. However, CHKM is 1.04 times more volatile than Hess Corporation. It trades about 0.23 of its potential returns per unit of risk. Hess Corporation is currently generating about 0.02 per unit of risk. If you would invest 4,130 in CHKM on April 23, 2013 and sell it today you would earn a total of 363.00 from holding CHKM or generate 8.79% return on investment over 30 days.

Diversification

Good diversification

Overlapping area represents amount of risk that can be diversified away by holding Chesapeake Midstr and Hess Corp. in the same portfolio assuming nothing else is changed

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Correlation Coefficient

-0.18

Parameters

Time Period	1 Month [change]
Direction	Negative
Strength	Insignificant
Accuracy	81.82%
Values	Daily Returns

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Predicted Return Density

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Returns

CHKM

HES

CHKM

Alpha

Profile

CHKM

Performance

12	Out Of 100

Over 30

Days

88% of all equities and portfolios perform better than CHKM. Compared with the overall equity markets, risk-adjusted returns on investments in CHKM are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.

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Hess Corporation

Alpha

Profile

Hess

Performance

1	Out Of 100

Over 30

Days

99% of all equities and portfolios perform better than Hess Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Hess Corporation are ranked lower than 1 (%) of all global equities and portfolios over the last 30 days.

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