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US Market Closed: May 26, 03:20 AM 2012  
RITAX CITBX RITCX RITFX CITEX RITBX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for ENR and CL ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Energizer Holdings Inc.  and   ColgatePalmolive Co.
Check Correlation Matrix  
Daily Returns (%)
ENR  CL  
Timeline
Considering 30-days investment horizon, Energizer Holdings Inc. is expected to generate 2.75 times more return on investment than ColgatePalmolive. However, Energizer is 2.75 times more volatile than ColgatePalmolive. It trades about 0.04 of its potential returns per unit of risk. ColgatePalmolive is currently generating about -0.04 per unit of risk. If you would invest 7,171 in Energizer Holdings Inc. on April 26, 2012 and sell it today you would earn a total of 116.00 from holding Energizer Holdings Inc. or generate 1.62% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Energizer Holdings Inc. and ColgatePalmolive Co. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.41
 Parameters
Time Period1 Month [change]
DirectionPositive CL Moved Up vs ENR
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between ENR and CL
    
    
 
       
Predicted Return Density
Expected Daily Returns   
ENR  CL  

Energizer Holdings Inc.

 
    
    
Energizer
Performance
1
Out Of
100
Over 30
Days
99% of all equities and portfolios perform better than Energizer Holdings Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in Energizer Holdings Inc. are ranked lower than 1 (%) of all global equities and portfolios over the last 30 days.
    
    
Procter & Gamble vs. Energizer Holdings Inc.
ColgatePalmolive vs. Energizer Holdings Inc.
KimberlyClark Corporation vs. Energizer Holdings Inc.
Estee Lauder Companies Inc. vs. Energizer Holdings Inc.
Avon Products Inc. vs. Energizer Holdings Inc.
Nu Skin Enterprises Inc. vs. Energizer Holdings Inc.
  

ColgatePalmolive

 
    
    
ColgatePalmolive
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days ColgatePalmolive has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Procter & Gamble vs. ColgatePalmolive
KimberlyClark Corporation vs. ColgatePalmolive
Estee Lauder Companies Inc. vs. ColgatePalmolive
Avon Products Inc. vs. ColgatePalmolive
Energizer Holdings Inc. vs. ColgatePalmolive
Nu Skin Enterprises Inc. vs. ColgatePalmolive
       


 

 
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