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Benchmark SP 500  1,649   1.61  Index Moved Down -0.1% ...


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Collecting data for EIHI and ^TWII ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Eastern Insurance Holdings Inc  vs   Taiwan Wtd
Check Correlation Matrix  
Daily Returns (%)
TWII   EIHI   
 
Given investment horizon of 30 days, Eastern Insurance Holdings Inc is expected to under-perform the Taiwan. In addition to that, Eastern is 1.48 times more volatile than Taiwan Wtd. It trades about -0.01 of its total potential returns per unit of risk. Taiwan Wtd is currently generating about 0.21 per unit of volatility. If you would invest  802,175  in Taiwan Wtd on April 24, 2013 and sell it today you would earn a total of  21,608  from holding Taiwan Wtd or generate 2.69% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Eastern Insurance Holdings Inc and Taiwan Wtd in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.08
Parameters
Time Period1 Month [change]
DirectionPositive ^TWII Moved Up vs EIHI
StrengthInsignificant
Accuracy95.45%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
TWII   EIHI   

Eastern Insurance Holdings Inc

 
    
Eastern
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Eastern Insurance Holdings Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    

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Taiwan Wtd

 
    
Taiwan
Performance
11
Out Of
100
Over 30
Days
    

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