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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 BPTH ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Emisphere Technologies Inc.  and   Biopath Holdings Inc
Check Correlation Matrix  
Daily Returns (%)
BPTH  EMIS  
Timeline
Assuming 30 trading days horizon, Emisphere Technologies Inc. is expected to under-perform the Biopath. In addition to that, Emisphere is 1.12 times more volatile than Biopath Holdings Inc. It trades about -0.05 of its total potential returns per unit of risk. Biopath Holdings Inc is currently generating about 0.21 per unit of volatility. If you would invest 29.00 in Biopath Holdings Inc on April 26, 2012 and sell it today you would earn a total of 8.00 from holding Biopath Holdings Inc or generate 27.59% return on investment over 30 days.

Diversification

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

Correlation Coefficient

-0.24
 Parameters
Time Period1 Month [change]
DirectionNegative EMIS.OB Moved Down vs BPTH.OB
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between EMIS and BPTH
    
    
 
       
Predicted Return Density
Expected Daily Returns   
BPTH  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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Biopath Holdings Inc

 
    
    
Biopath
Performance
9
Out Of
100
Over 30
Days
91% 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 9 (%) of all global equities and portfolios over the last 30 days.
    
    
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