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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 The Dow Chemical Company  vs   Sonic Corp.
 Compare Fundamentals  
Daily Returns (%)
SONC   DOW   
 
Considering 30-days investment horizon, Dow Chemical is expected to generate 1.07 times less return on investment than Sonic. But when comparing it to its historical volatility, The Dow Chemical Company is 1.29 times less risky than Sonic. It trades about 0.12 of its potential returns per unit of risk. Sonic Corp is currently generating about 0.1 of returns per unit of risk over similar time horizon. If you would invest  1,268  in Sonic Corp on April 25, 2013 and sell it today you would earn a total of  37.00  from holding Sonic Corp or generate 2.92% return on investment 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 Sonic Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.4
Parameters
Time Period1 Month [change]
DirectionPositive SONC Moved Up vs DOW
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SONC   DOW   

The Dow Chemical Company

 
    
Dow Chemical
Performance
6
Out Of
100
Over 30
Days
94% of all equities and portfolios perform better than The Dow Chemical Company. Compared with the overall equity markets, risk-adjusted returns on investments in The Dow Chemical Company are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Dow Chemical

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Sonic Corp

 
    
Sonic
Performance
5
Out Of
100
Over 30
Days
95% of all equities and portfolios perform better than Sonic Corp. Compared with the overall equity markets, risk-adjusted returns on investments in Sonic Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Sonic

McDonalds Corp vs. Sonic Corp
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