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US Market Closed: May 26, 08:27 AM 2012  
JMVCX JMVIX JMCVX JMIVX JNMCX JDPAX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for FHCO and RDEN ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Female Health Co.  and   Elizabeth Arden Inc.
Check Correlation Matrix  
Daily Returns (%)
RDEN  FHCO  
Timeline
Given investment horizon of 30 days, Female Health is expected to generate 1.89 times more return on investment than Elizabeth. However, Female is 1.89 times more volatile than Elizabeth Arden Inc.. It trades about 0.1 of its potential returns per unit of risk. Elizabeth Arden Inc. is currently generating about -0.32 per unit of risk. If you would invest 561 in Female Health on April 26, 2012 and sell it today you would earn a total of 29.00 from holding Female Health or generate 5.17% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Female Health Co. and Elizabeth Arden Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.34
 Parameters
Time Period1 Month [change]
DirectionNegative FHCO Moved Down vs RDEN
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
RDEN  FHCO  

Female Health

 
    
    
Female
Performance
4
Out Of
100
Over 30
Days
96% of all equities and portfolios perform better than Female Health. Compared with the overall equity markets, risk-adjusted returns on investments in Female Health are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
    
    
Procter & Gamble vs. Female Health
ColgatePalmolive vs. Female Health
KimberlyClark Corporation vs. Female Health
Estee Lauder Companies Inc. vs. Female Health
Avon Products Inc. vs. Female Health
Energizer Holdings Inc. vs. Female Health
  

Elizabeth Arden Inc.

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


 

 
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