Macroaxis: Personalized Investing
Simple Personalized Investing

S&P 500   1,667   17.00  Index Moved Up 1.03%
WPZ PPG SHW SIAL Copper Cigarettes Basic Utilities Furniture 
United States  USA  |  Investing Themes


Processing
Collecting data for CPHD and TRMB ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Cepheid  vs   Trimble Navigation Limited
 Compare Fundamentals  
Daily Returns (%)
TRMB   CPHD   
 
Given investment horizon of 30 days, Cepheid is expected to generate 3.78 times less return on investment than Trimble. But when comparing it to its historical volatility, Cepheid is 1.74 times less risky than Trimble. It trades about 0.07 of its potential returns per unit of risk. Trimble Navigation Limited is currently generating about 0.14 of returns per unit of risk over similar time horizon. If you would invest  2,741  in Trimble Navigation Limited on April 20, 2013 and sell it today you would earn a total of  158.00  from holding Trimble Navigation Limited or generate 5.76% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Cepheid and Trimble Navigation Limited in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.54
Parameters
Time Period1 Month [change]
DirectionPositive TRMB Moved Up vs CPHD
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
Follow Correlation between CPHD and TRMB with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Add To Reader
 
Add Correlation between CPHD and TRMB to your reader
 
Share Correlation between CPHD and TRMB 
Find Opportunities
 
Predicted Return Density
 
Returns   
TRMB   CPHD   

Cepheid

 
    
Cepheid
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than Cepheid. Compared with the overall equity markets, risk-adjusted returns on investments in Cepheid are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Cepheid

Waters Corp vs. Cepheid
Garmin Ltd vs. Cepheid
Trimble Navigation Limited vs. Cepheid
Compagnie G vs. Cepheid
BioRad Laboratories Inc vs. Cepheid
Bruker Corporation vs. Cepheid
FEI Company vs. Cepheid
Cognex Corporation vs. Cepheid
Itron Inc vs. Cepheid
  

Trimble Navigation Limited

 
    
Trimble
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than Trimble Navigation Limited. Compared with the overall equity markets, risk-adjusted returns on investments in Trimble Navigation Limited are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Trimble

Waters Corp vs. Trimble Navigation Limited
Garmin Ltd vs. Trimble Navigation Limited
Compagnie G vs. Trimble Navigation Limited
BioRad Laboratories Inc vs. Trimble Navigation Limited
Bruker Corporation vs. Trimble Navigation Limited
Cepheid vs. Trimble Navigation Limited
FEI Company vs. Trimble Navigation Limited
Cognex Corporation vs. Trimble Navigation Limited
Itron Inc vs. Trimble Navigation Limited


 
Analytics
Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder
 
 
Research Modules
Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management
 Gadgets, Widgets, and Apps          
  
 
Services And Technology
Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing
 
Free Investor Tools
World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis
 
About Us
About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities
Content

Thanks for checking out Macroaxis

Tell us what you like and what you don't like. We promise we'll not only listen but write you back

Contact Us
Macroaxis is user-driven community of investors. We appreciate any feedback or comment you can provide. Please fill out our quick survey to help us provide your with a better service and user experience

Fill Out Quick Survey
Most of the functionality on our site is free to use. However we do provide premium service to sophisticated investors. Our premium subscription will give you unprecedented capabilities to optimize your portfolios using robust financial analysis toolkit, fast mean-variance optimization engine, and proven portfolio theory

Go Premium