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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 salesforce.com inc  vs   Expedia Inc.
 Compare Fundamentals  
Daily Returns (%)
EXPE   CRM   
 
Considering 30-days investment horizon, salesforce inc is expected to generate 0.35 times more return on investment than Expedia. However, salesforce inc is 2.89 times less risky than Expedia. It trades about 0.57 of its potential returns per unit of risk. Expedia Inc is currently generating about -0.07 per unit of risk. If you would invest  4,032  in salesforce inc on April 19, 2013 and sell it today you would earn a total of  647  from holding salesforce inc or generate 16.05% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding salesforce.com inc and Expedia Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.04
Parameters
Time Period1 Month [change]
DirectionPositive EXPE Moved Up vs CRM
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
EXPE   CRM   

salesforce inc

 
    
Salesforce
Performance
30
Out Of
100
Over 30
Days
70% of all equities and portfolios perform better than salesforce inc. Compared with the overall equity markets, risk-adjusted returns on investments in salesforce inc are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Salesforce

Microsoft Corporation vs. salesforce inc
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Adobe Systems Inc vs. salesforce inc
Intuit Inc vs. salesforce inc
CA Technologies vs. salesforce inc
Red Hat Inc vs. salesforce inc
VeriSign Inc vs. salesforce inc
BMC Software Inc vs. salesforce inc
  

Expedia Inc

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

Match ups for Expedia

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