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US Market Closed: May 25, 18:33 PM 2012  
1800 IPGR PWR CBI EME IPG 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for CIMMCO and OKS ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Cimmco Ltd  and   ONEOK Partners L.P.
Check Correlation Matrix  
Daily Returns (%)
OKS  CIMMCO  
Timeline
Assuming 30 trading days horizon, Cimmco Ltd is expected to under-perform the ONEOK. In addition to that, Cimmco is 5.83 times more volatile than ONEOK Partners L.P.. It trades about -0.06 of its total potential returns per unit of risk. ONEOK Partners L.P. is currently generating about -0.04 per unit of volatility. If you would invest 5,485 in ONEOK Partners L.P. on April 25, 2012 and sell it today you would earn a total of 30.00 from holding ONEOK Partners L.P. or generate 0.55% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Cimmco Ltd and ONEOK Partners L.P. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.21
 Parameters
Time Period1 Month [change]
DirectionNegative CIMMCO.BO Moved Down vs OKS
StrengthInsignificant
Accuracy81.82%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
OKS  CIMMCO  

Cimmco Ltd

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

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