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US Market Closed: May 26, 02:48 AM 2012  
LTM ISCA TRK CLUB DVD TKDN 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for ELN and BPTH ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Elan Corp. plc  and   Biopath Holdings Inc
Check Correlation Matrix  
Daily Returns (%)
BPTH  ELN  
Timeline
Considering 30-days investment horizon, Elan is expected to generate 7.53 times less return on investment than Biopath. But when comparing it to its historical volatility, Elan Corporation plc is 2.78 times less risky than Biopath. It trades about 0.06 of its potential returns per unit of risk. Biopath Holdings Inc is currently generating about 0.17 of returns per unit of risk over similar time horizon. If you would invest 29.00 in Biopath Holdings Inc on April 26, 2012 and sell it today you would earn a total of 5.00 from holding Biopath Holdings Inc or generate 17.24% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Elan Corp. plc and Biopath Holdings Inc in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.03
 Parameters
Time Period1 Month [change]
DirectionPositive BPTH.OB Moved Up vs ELN
StrengthInsignificant
Accuracy95.45%
ValuesDaily Returns
    
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Share Share Correlation between ELN and BPTH
    
    
 
       
Predicted Return Density
Expected Daily Returns   
BPTH  ELN  

Elan Corporation plc

 
    
    
Elan
Performance
2
Out Of
100
Over 30
Days
98% of all equities and portfolios perform better than Elan Corporation plc. Compared with the overall equity markets, risk-adjusted returns on investments in Elan Corporation plc are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days.
    
    
Valeant Pharmaceuticals International Inc. vs. Elan Corporation plc
Hospira Inc. vs. Elan Corporation plc
Alkermes Inc. vs. Elan Corporation plc
PetMed Express Inc. vs. Elan Corporation plc
Acura Pharmaceuticals Inc. vs. Elan Corporation plc
Flamel Technologies SA vs. Elan Corporation plc
  

Biopath Holdings Inc

 
    
    
Biopath
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than Biopath Holdings Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Biopath Holdings Inc are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    
    
Valeant Pharmaceuticals International Inc. vs. Biopath Holdings Inc
Elan Corporation plc vs. Biopath Holdings Inc
Hospira Inc. vs. Biopath Holdings Inc
Alkermes Inc. vs. Biopath Holdings Inc
PetMed Express Inc. vs. Biopath Holdings Inc
Acura Pharmaceuticals Inc. vs. Biopath Holdings Inc
       


 

 
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