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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Delta Air Lines Inc.  vs   United Continental Holdings In
 Compare Fundamentals  
Daily Returns (%)
DAL   UAL   
 
Considering 30-days investment horizon, Delta Air Lines Inc is expected to generate 1.93 times more return on investment than United. However, Delta is 1.93 times more volatile than United Continental Holdings Inc. It trades about 0.28 of its potential returns per unit of risk. United Continental Holdings Inc is currently generating about 0.29 per unit of risk. If you would invest  1,672  in Delta Air Lines Inc on April 22, 2013 and sell it today you would earn a total of  141.00  from holding Delta Air Lines Inc or generate 8.43% return on investment over 30 days.

Diversification

Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding Delta Air Lines Inc. and United Continental Holdings In in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.71
Parameters
Time Period1 Month [change]
DirectionPositive UAL Moved Up vs DAL
StrengthSignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
DAL   UAL   

Delta Air Lines Inc

 
    
Delta
Performance
15
Out Of
100
Over 30
Days
85% of all equities and portfolios perform better than Delta Air Lines Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Delta Air Lines Inc are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Delta

China Southern Airlines Co Ltd vs. Delta Air Lines Inc
China Eastern Airlines Corp Ltd vs. Delta Air Lines Inc
US Airways Group Inc vs. Delta Air Lines Inc
TAM SA vs. Delta Air Lines Inc
BCE Inc vs. Delta Air Lines Inc
Century Aluminum Co vs. Delta Air Lines Inc
  

United Continental Holdings Inc

 
    
United
Performance
15
Out Of
100
Over 30
Days
85% of all equities and portfolios perform better than United Continental Holdings Inc. Compared with the overall equity markets, risk-adjusted returns on investments in United Continental Holdings Inc are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for United

Delta Air Lines Inc vs. United Continental Holdings Inc
China Southern Airlines Co Ltd vs. United Continental Holdings Inc
China Eastern Airlines Corp Ltd vs. United Continental Holdings Inc
US Airways Group Inc vs. United Continental Holdings Inc
TAM SA vs. United Continental Holdings Inc
BCE Inc vs. United Continental Holdings Inc
Century Aluminum Co vs. United Continental Holdings Inc


 
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