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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 New Oriental Education & Techn  vs   Career Education Corp.
 Compare Fundamentals  
Daily Returns (%)
EDU   CECO   
 
Considering 30-days investment horizon, New Oriental is expected to generate 3.59 times less return on investment than Career. But when comparing it to its historical volatility, New Oriental Education Technology Group is 2.19 times less risky than Career. It trades about 0.26 of its potential returns per unit of risk. Career Education Corp is currently generating about 0.43 of returns per unit of risk over similar time horizon. If you would invest  222.00  in Career Education Corp on April 21, 2013 and sell it today you would earn a total of  83.00  from holding Career Education Corp or generate 37.39% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding New Oriental Education & Techn and Career Education Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.38
Parameters
Time Period1 Month [change]
DirectionPositive CECO Moved Up vs EDU
StrengthVery Weak
Accuracy95.45%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
EDU   CECO   

New Oriental Education Technology Grou

 
    
New Oriental
Performance
14
Out Of
100
Over 30
Days
86% of all equities and portfolios perform better than New Oriental Education Technology Group. Compared with the overall equity markets, risk-adjusted returns on investments in New Oriental Education Technology Group are ranked lower than 14 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for New Oriental

The Washington Post Company vs. New Oriental Education Technology Group
Apollo Group Inc vs. New Oriental Education Technology Group
DeVry Inc vs. New Oriental Education Technology Group
K12 Inc vs. New Oriental Education Technology Group
Education Management Corporation vs. New Oriental Education Technology Group
TAL Education Group vs. New Oriental Education Technology Group
G8 Education Limited vs. New Oriental Education Technology Group
ITT Educational Services Inc vs. New Oriental Education Technology Group
  

Career Education Corp

 
    
Career
Performance
23
Out Of
100
Over 30
Days
77% of all equities and portfolios perform better than Career Education Corp. Compared with the overall equity markets, risk-adjusted returns on investments in Career Education Corp are ranked lower than 23 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Career

The Washington Post Company vs. Career Education Corp
New Oriental Education Technology Group vs. Career Education Corp
Apollo Group Inc vs. Career Education Corp
DeVry Inc vs. Career Education Corp
K12 Inc vs. Career Education Corp
Education Management Corporation vs. Career Education Corp
TAL Education Group vs. Career Education Corp
G8 Education Limited vs. Career Education Corp
ITT Educational Services Inc vs. Career Education Corp


 
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