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2324 2856 4904 2382 Technology Energy Apparel Small Value 
Benchmark SP 500  1,630   21.88  Index Moved Down -1.32% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 The Dow Chemical Company  vs   Dolby Laboratories Inc.
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Daily Returns (%)
DLB   DOW   
 
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Considering 30-days investment horizon, The Dow Chemical Company is expected to under-perform the Dolby. But the stock apears to be less risky and, when comparing its historical volatility, The Dow Chemical Company is 1.29 times less risky than Dolby. The stock trades about -0.11 of its potential returns per unit of risk. The Dolby Laboratories Inc is currently generating about -0.01 of returns per unit of risk over similar time horizon. If you would invest  3,481  in Dolby Laboratories Inc on May 20, 2013 and sell it today you would lose (30.00) from holding Dolby Laboratories Inc or give up 0.86% of portfolio value over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding The Dow Chemical Company and Dolby Laboratories Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.56
Parameters
Time Period1 Month [change]
DirectionPositive DLB Moved Up vs DOW
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
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The Dow Chemical Company

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

Match-ups for Dow Chemical

Chemical Mining Co of Chile Inc vs. The Dow Chemical Company
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Dolby Laboratories Inc

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

Match-ups for Dolby

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Amphenol Corporation vs. Dolby Laboratories Inc
Ametek Inc vs. Dolby Laboratories Inc
LG Display Co Ltd vs. Dolby Laboratories Inc


 
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