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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 New Oriental Education & Techn  vs   Ambassadors Group Inc.
 Compare Fundamentals  
Daily Returns (%)
EDU   EPAX   
 
Considering 30-days investment horizon, New Oriental is expected to generate 1.04 times less return on investment than Ambassadors. But when comparing it to its historical volatility, New Oriental Education Technology Group is 1.41 times less risky than Ambassadors. It trades about 0.13 of its potential returns per unit of risk. Ambassadors Group Inc is currently generating about 0.09 of returns per unit of risk over similar time horizon. If you would invest  342.00  in Ambassadors Group Inc on April 23, 2013 and sell it today you would earn a total of  16.00  from holding Ambassadors Group Inc or generate 4.68% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding New Oriental Education & Techn and Ambassadors Group Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.22
Parameters
Time Period1 Month [change]
DirectionNegative EDU Moved Down vs EPAX
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
EDU   EPAX   

New Oriental Education Technology Grou

 
    
New Oriental
Performance
7
Out Of
100
Over 30
Days
93% 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 7 (%) 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
Bridgepoint Education Inc vs. New Oriental Education Technology Group
G8 Education Limited vs. New Oriental Education Technology Group
  

Ambassadors Group Inc

 
    
Ambassadors
Performance
4
Out Of
100
Over 30
Days
96% of all equities and portfolios perform better than Ambassadors Group Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Ambassadors Group Inc are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Ambassadors

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


 
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