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US Market Closed: May 26, 03:07 AM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for EMIS and ALKS ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Emisphere Technologies Inc.  and   Alkermes Inc.
Check Correlation Matrix  
Daily Returns (%)
ALKS  EMIS  
Timeline
Assuming 30 trading days horizon, Emisphere Technologies Inc. is expected to under-perform the Alkermes. In addition to that, Emisphere is 3.79 times more volatile than Alkermes Inc.. It trades about -0.05 of its total potential returns per unit of risk. Alkermes Inc. is currently generating about -0.15 per unit of volatility. If you would invest 1,788 in Alkermes Inc. on April 26, 2012 and sell it today you would lose (174.00) from holding Alkermes Inc. or give up 9.73% of portfolio value over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Emisphere Technologies Inc. and Alkermes Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.25
 Parameters
Time Period1 Month [change]
DirectionNegative EMIS.OB Moved Down vs ALKS
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
ALKS  EMIS  

Emisphere Technologies Inc.

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

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