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US Market Closed: May 25, 20:30 PM 2012  
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for COSN and ORIENTPPR ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 CoSine Communications Inc.  and   Orient Paper & Industries Ltd.
Check Correlation Matrix  
Daily Returns (%)
COSN  ORIENTPPR  
Timeline
Assuming 30 trading days horizon, CoSine Communications Inc. is expected to under-perform the Orient. In addition to that, CoSine is 2.11 times more volatile than Orient Paper & Industries Ltd.. It trades about -0.05 of its total potential returns per unit of risk. Orient Paper & Industries Ltd. is currently generating about -0.02 per unit of volatility. If you would invest 5,625 in Orient Paper & Industries Ltd. on April 25, 2012 and sell it today you would earn a total of 25.00 from holding Orient Paper & Industries Ltd. or generate 0.44% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding CoSine Communications Inc. and Orient Paper & Industries Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.22
 Parameters
Time Period1 Month [change]
DirectionNegative COSN.PK Moved Down vs ORIENTPPR.NS
StrengthInsignificant
Accuracy90.91%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
COSN  ORIENTPPR  

CoSine Communications Inc.

 
    
    
CoSine
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days CoSine Communications Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Orient Paper & Industries Ltd.

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