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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Cigna Corp.  vs   St. Jude Medical Inc.
 Compare Fundamentals  
Daily Returns (%)
CI   STJ   
 
Allowing for 30-days total investment horizon, Cigna is expected to generate 4.79 times less return on investment than St Jude. In addition to that, Cigna is 1.16 times more volatile than St Jude Medical Inc. It trades about 0.11 of its total potential returns per unit of risk. St Jude Medical Inc is currently generating about 0.59 per unit of volatility. If you would invest  4,097  in St Jude Medical Inc on April 21, 2013 and sell it today you would earn a total of  575  from holding St Jude Medical Inc or generate 14.03% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Cigna Corp. and St. Jude Medical Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.16
Parameters
Time Period1 Month [change]
DirectionPositive STJ Moved Up vs CI
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
CI   STJ   

Cigna Corp

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

Match ups for Cigna

UnitedHealth Group Incorporated vs. Cigna Corp
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WellPoint Inc vs. Cigna Corp
Aetna Inc vs. Cigna Corp
Humana Inc vs. Cigna Corp
Coventry Health Care Inc vs. Cigna Corp
Centene Corp vs. Cigna Corp
WellCare Health Plans Inc vs. Cigna Corp
Health Net Inc vs. Cigna Corp
  

St Jude Medical Inc

 
    
St Jude
Performance
32
Out Of
100
Over 30
Days
68% of all equities and portfolios perform better than St Jude Medical Inc. Compared with the overall equity markets, risk-adjusted returns on investments in St Jude Medical Inc are ranked lower than 32 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for St Jude

Abbott Laboratories vs. St Jude Medical Inc
Medtronic Inc vs. St Jude Medical Inc
Stryker Corporation vs. St Jude Medical Inc
Intuitive Surgical Inc vs. St Jude Medical Inc
Zimmer Holdings Inc vs. St Jude Medical Inc
Boston Scientific Corporation vs. St Jude Medical Inc
Smith Nephew plc vs. St Jude Medical Inc
Edwards Lifesciences Corp vs. St Jude Medical Inc
Varian Medical Systems Inc vs. St Jude Medical Inc


 
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