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US Market Closed: May 26, 03:38 AM 2012  
BLK BK BEN TROW AMP PFG 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for EQIX and VZ ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Equinix Inc.  and   Verizon Communications Inc.
Check Correlation Matrix  
Daily Returns (%)
EQIX  VZ  
Timeline
Given investment horizon of 30 days, Equinix Inc. is expected to under-perform the Verizon. In addition to that, Equinix is 3.98 times more volatile than Verizon Communications Inc.. It trades about -0.12 of its total potential returns per unit of risk. Verizon Communications Inc. is currently generating about 0.25 per unit of volatility. If you would invest 4,023 in Verizon Communications Inc. on April 26, 2012 and sell it today you would earn a total of 122.00 from holding Verizon Communications Inc. or generate 3.03% return on investment over 30 days.

Diversification

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

Correlation Coefficient

-0.24
 Parameters
Time Period1 Month [change]
DirectionNegative EQIX Moved Down vs VZ
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between EQIX and VZ
    
    
 
       
Predicted Return Density
Expected Daily Returns   
EQIX  VZ  

Equinix Inc.

 
    
    
Equinix
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Equinix Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
AT&T Inc. vs. Equinix Inc.
Verizon Communications Inc. vs. Equinix Inc.
BCE Inc. vs. Equinix Inc.
CenturyLink Inc. vs. Equinix Inc.
Chunghwa Telecom Ltd. vs. Equinix Inc.
Windstream Corporation vs. Equinix Inc.
  

Verizon Communications Inc.

 
    
    
Verizon
Performance
10
Out Of
100
Over 30
Days
90% of all equities and portfolios perform better than Verizon Communications Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in Verizon Communications Inc. are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
    
    
AT&T Inc. vs. Verizon Communications Inc.
BCE Inc. vs. Verizon Communications Inc.
CenturyLink Inc. vs. Verizon Communications Inc.
Chunghwa Telecom Ltd. vs. Verizon Communications Inc.
Equinix Inc. vs. Verizon Communications Inc.
Windstream Corporation vs. Verizon Communications Inc.
       


 

 
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