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US Market Closed: May 25, 22:57 PM 2012  
SLB NOV HAL BHI CAM FTI 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for CYAN and HLF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Cyanotech Corp.  and   Herbalife Ltd.
Check Correlation Matrix  
Daily Returns (%)
HLF  CYAN  
Timeline
Given investment horizon of 30 days, Cyanotech Corporation is expected to generate 0.66 times more return on investment than Herbalife. However, Cyanotech Corporation is 1.51 times less risky than Herbalife. It trades about -0.1 of its potential returns per unit of risk. Herbalife Ltd. is currently generating about -0.25 per unit of risk. If you would invest 939 in Cyanotech Corporation on April 25, 2012 and sell it today you would lose (164.00) from holding Cyanotech Corporation or give up 17.47% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Cyanotech Corp. and Herbalife Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.14
 Parameters
Time Period1 Month [change]
DirectionNegative CYAN Moved Down vs HLF
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between CYAN and HLF
    
    
 
       
Predicted Return Density
Expected Daily Returns   
HLF  CYAN  

Cyanotech Corporation

 
    
    
Cyanotech
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Cyanotech Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Perrigo vs. Cyanotech Corporation
Herbalife Ltd. vs. Cyanotech Corporation
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USANA Health Sciences Inc. vs. Cyanotech Corporation
Lifevantage Corporation vs. Cyanotech Corporation
  

Herbalife Ltd.

 
    
    
Herbalife
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Herbalife Ltd. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Perrigo vs. Herbalife Ltd.
Auxilium Pharmaceuticals Inc. vs. Herbalife Ltd.
Prestige Brands Holdings Inc. vs. Herbalife Ltd.
USANA Health Sciences Inc. vs. Herbalife Ltd.
Lifevantage Corporation vs. Herbalife Ltd.
Nutraceutical International Corporation vs. Herbalife Ltd.
       


 

 
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