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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 FirstEnergy Corp.  vs   Great Plains Energy Incorporat
 Compare Fundamentals  
Daily Returns (%)
GXP   FE   
 
Allowing for 30-days total investment horizon, FirstEnergy Corp is expected to under-perform the Great. But the stock apears to be less risky and, when comparing its historical volatility, FirstEnergy Corp is 1.1 times less risky than Great. The stock trades about -0.36 of its potential returns per unit of risk. The Great Plains Energy Incorporated is currently generating about -0.09 of returns per unit of risk over similar time horizon. If you would invest  2,374  in Great Plains Energy Incorporated on April 25, 2013 and sell it today you would lose (51.00) from holding Great Plains Energy Incorporated or give up 2.15% of portfolio value over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding FirstEnergy Corp. and Great Plains Energy Incorporat in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.57
Parameters
Time Period1 Month [change]
DirectionPositive GXP Moved Up vs FE
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GXP   FE   

FirstEnergy Corp

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

Match-ups for FirstEnergy

Duke Energy Corporation vs. FirstEnergy Corp
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American Electric Power Co Inc vs. FirstEnergy Corp
PG E Corp vs. FirstEnergy Corp
PPL Corporation vs. FirstEnergy Corp
Korea Electric Power Corp vs. FirstEnergy Corp
Consolidated Edison Inc vs. FirstEnergy Corp
Edison International vs. FirstEnergy Corp
  

Great Plains Energy Incorporated

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

Match-ups for Great

Duke Energy Corporation vs. Great Plains Energy Incorporated
Southern Company vs. Great Plains Energy Incorporated
Dominion Resources Inc vs. Great Plains Energy Incorporated
American Electric Power Co Inc vs. Great Plains Energy Incorporated
PG E Corp vs. Great Plains Energy Incorporated
PPL Corporation vs. Great Plains Energy Incorporated
FirstEnergy Corp vs. Great Plains Energy Incorporated
Korea Electric Power Corp vs. Great Plains Energy Incorporated
Consolidated Edison Inc vs. Great Plains Energy Incorporated
Edison International vs. Great Plains Energy Incorporated


 
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