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US Market Closed: May 25, 22:05 PM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for CSKI and INBP ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 China Sky One Medical Inc.  and   Integrated Biopharma Inc.
Check Correlation Matrix  
Daily Returns (%)
INBP  CSKI  
Timeline
Given investment horizon of 30 days, China Sky One Medical Inc. is expected to under-perform the Integrated. But the stock apears to be less risky and, when comparing its historical volatility, China Sky One Medical Inc. is 33.88 times less risky than Integrated. The stock trades about -0.14 of its potential returns per unit of risk. The Integrated Biopharma Inc. is currently generating about 0.2 of returns per unit of risk over similar time horizon. If you would invest 3.00 in Integrated Biopharma Inc. on April 25, 2012 and sell it today you would earn a total of 5.00 from holding Integrated Biopharma Inc. or generate 166.67% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding China Sky One Medical Inc. and Integrated Biopharma Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.03
 Parameters
Time Period1 Month [change]
DirectionPositive INBP.OB Moved Up vs CSKI
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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 Share Correlation between CSKI and INBP 
Share Share Correlation between CSKI and INBP
    
    
 
       
Predicted Return Density
Expected Daily Returns   
INBP  CSKI  

China Sky One Medical Inc.

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

 
    
    
Integrated
Performance
8
Out Of
100
Over 30
Days
92% of all equities and portfolios perform better than Integrated Biopharma Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in Integrated Biopharma Inc. are ranked lower than 8 (%) of all global equities and portfolios over the last 30 days.
    
    
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