Processing
Collecting data for EGO and STR ...

Asset Comparison and Correlation

View All Portfolios

More Actions
- Select Assests
- Optimize Portfolio
- Suggest Portfolio
- Backtest Watchlist
- Analyze Correlations
- View Transactions
- Check Volatilities
- Import Equities
- Search Equities

Investment horizon:

30 Days Login to change

Run Correlation

Eldorado Gold Corp. vs Questar Corp.

Compare Fundamentals

Daily Returns (%)

STR

EGO

Change Benchmark

Embed

Export

Timeline

Considering 30-days investment horizon, Eldorado Gold Corp is expected to under-perform the Questar. In addition to that, Eldorado is 3.83 times more volatile than Questar Corporation. It trades about -0.05 of its total potential returns per unit of risk. Questar Corporation is currently generating about 0.08 per unit of volatility. If you would invest 2,523 in Questar Corporation on April 22, 2013 and sell it today you would earn a total of 56.00 from holding Questar Corporation or generate 2.22% return on investment over 30 days.

Diversification

Good diversification

Overlapping area represents amount of risk that can be diversified away by holding Eldorado Gold Corp. and Questar Corp. in the same portfolio assuming nothing else is changed

Optimize

Correlation Coefficient

-0.02

Parameters

Time Period	1 Month [change]
Direction	Negative
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

Suggest

Follow Correlation between EGO and STR with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker

Get Widget

Add Correlation between EGO and STR to your reader

Syndicate

Share Correlation between EGO and STR

Find Opportunities

Predicted Return Density

Embed

Export

Returns

STR

EGO

Eldorado Gold Corp

Alpha

Profile

Eldorado

Performance

0	Out Of 100

Over 30

Days

Over the last 30 days Eldorado Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions.

Check Performance

Backtest

Predict Price

Match ups for Eldorado

AngloGold Ashanti Ltd vs. Eldorado Gold Corp

Goldcorp Inc vs. Eldorado Gold Corp

Barrick Gold Corporation vs. Eldorado Gold Corp

Newmont Mining Corp vs. Eldorado Gold Corp

Yamana Gold Inc vs. Eldorado Gold Corp

Kinross Gold Corporation vs. Eldorado Gold Corp

AgnicoEagle Mines Ltd vs. Eldorado Gold Corp

Compa vs. Eldorado Gold Corp

Gold Fields Ltd vs. Eldorado Gold Corp

Questar Corporation

Alpha

Profile

Questar

Performance

4	Out Of 100

Over 30

Days

96% of all equities and portfolios perform better than Questar Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Questar Corporation are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.

Check Performance

Backtest

Predict Price

Match ups for Questar

National Grid plc vs. Questar Corporation

TransCanada Corp vs. Questar Corporation

Sempra Energy vs. Questar Corporation

ONEOK Inc vs. Questar Corporation

EQT Corporation vs. Questar Corporation

AGL Resources Inc vs. Questar Corporation

Integrys Energy Group Inc vs. Questar Corporation

AmeriGas Partners LP vs. Questar Corporation

Atmos Energy Corporation vs. Questar Corporation

Content

Thanks for checking out Macroaxis

Tell us what you like and what you don't like. We promise we'll not only listen but write you back

Contact Us

Macroaxis is user-driven community of investors. We appreciate any feedback or comment you can provide. Please fill out our quick survey to help us provide your with a better service and user experience

Fill Out Quick Survey

Most of the functionality on our site is free to use. However we do provide premium service to sophisticated investors. Our premium subscription will give you unprecedented capabilities to optimize your portfolios using robust financial analysis toolkit, fast mean-variance optimization engine, and proven portfolio theory

Go Premium