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US Market Closed: May 26, 08:03 AM 2012  
ABX GG NEM AUY BVN GFI 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for FC and XFP ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Franklin Covey Company Common   and   Lehman ABS Corp. 6.125% A
Check Correlation Matrix  
Daily Returns (%)
XFP  FC  
Timeline
Allowing for 30-days total investment horizon, Franklin Covey Company Common S is not expected to generate positive returns. Moreover, Franklin is 2.73 times more volatile than Lehman ABS Corporation 6.125% A. It trades away all of its potential returns to assume current level of volatility. Lehman ABS Corporation 6.125% A is currently generating about 0.03 per unit of risk. If you would invest 2,174 in Lehman ABS Corporation 6.125% A on April 26, 2012 and sell it today you would earn a total of 1.00 from holding Lehman ABS Corporation 6.125% A or generate 0.05% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Franklin Covey Company Common and Lehman ABS Corp. 6.125% A in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.21
 Parameters
Time Period1 Month [change]
DirectionNegative FC Moved Down vs XFP
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
XFP  FC  

Franklin Covey Company Common S

 
    
    
Franklin
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Franklin Covey Company Common S has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Lehman ABS Corporation 6.125% A

 
    
    
Lehman
Performance
1
Out Of
100
Over 30
Days
99% of all equities and portfolios perform better than Lehman ABS Corporation 6.125% A. Compared with the overall equity markets, risk-adjusted returns on investments in Lehman ABS Corporation 6.125% A are ranked lower than 1 (%) of all global equities and portfolios over the last 30 days.
    
    
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