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US Market Closed: May 26, 01:53 AM 2012  
RTN NOC BBD-A TXT BBD-B CAE 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for EAF and ORIENTPPR ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 EASTAFRICA FPO  and   Orient Paper & Industries Ltd.
Check Correlation Matrix  
Daily Returns (%)
ORIENTPPR  EAF  
Timeline
Assuming 30 trading days horizon, EASTAFRICA FPO is expected to under-perform the Orient. In addition to that, EASTAFRICA is 5.07 times more volatile than Orient Paper & Industries Ltd.. It trades about -0.16 of its total potential returns per unit of risk. Orient Paper & Industries Ltd. is currently generating about 0.02 per unit of volatility. If you would invest 5,555 in Orient Paper & Industries Ltd. on April 26, 2012 and sell it today you would earn a total of 95.00 from holding Orient Paper & Industries Ltd. or generate 1.71% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding EASTAFRICA FPO and Orient Paper & Industries Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.11
 Parameters
Time Period1 Month [change]
DirectionNegative EAF.AX Moved Down vs ORIENTPPR.NS
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between EAF and ORIENTPPR
    
    
 
       
Predicted Return Density
Expected Daily Returns   
ORIENTPPR  EAF  

EASTAFRICA FPO

 
    
    
EASTAFRICA
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days EASTAFRICA FPO has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Orient Paper & Industries Ltd.

 
    
    
Orient
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Orient Paper & Industries Ltd. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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