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US Market Closed: May 25, 20:54 PM 2012  
PTRAX PTTAX PTTCX PTTRX PTRRX PTTPX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for CPA and SKYW ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Copa Holdings SA  and   SkyWest Inc.
Check Correlation Matrix  
Daily Returns (%)
SKYW  CPA  
Timeline
Considering 30-days investment horizon, Copa Holdings SA is expected to generate 0.92 times more return on investment than SkyWest. However, Copa Holdings SA is 1.08 times less risky than SkyWest. It trades about 0.06 of its potential returns per unit of risk. SkyWest Inc. is currently generating about -0.37 per unit of risk. If you would invest 7,990 in Copa Holdings SA on April 25, 2012 and sell it today you would earn a total of 333.00 from holding Copa Holdings SA or generate 4.17% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Copa Holdings SA and SkyWest Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.12
 Parameters
Time Period1 Month [change]
DirectionPositive SKYW Moved Up vs CPA
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
SKYW  CPA  

Copa Holdings SA

 
    
    
Copa
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than Copa Holdings SA. Compared with the overall equity markets, risk-adjusted returns on investments in Copa Holdings SA are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    
    
LAN Airlines S.A. vs. Copa Holdings SA
Southwest Airlines vs. Copa Holdings SA
Alaska Air Group Inc. vs. Copa Holdings SA
JetBlue Airways Corporation vs. Copa Holdings SA
Allegiant Travel Company vs. Copa Holdings SA
GOL Linhas A vs. Copa Holdings SA
  

SkyWest Inc.

 
    
    
SkyWest
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days SkyWest Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
LAN Airlines S.A. vs. SkyWest Inc.
Southwest Airlines vs. SkyWest Inc.
Copa Holdings SA vs. SkyWest Inc.
Alaska Air Group Inc. vs. SkyWest Inc.
JetBlue Airways Corporation vs. SkyWest Inc.
Allegiant Travel Company vs. SkyWest Inc.
       


 

 
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