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US Market Closed: May 26, 03:55 AM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for FLML and ACUR ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Flamel Technologies SA  and   Acura Pharmaceuticals Inc.
Check Correlation Matrix  
Daily Returns (%)
FLML  ACUR  
Timeline
Given investment horizon of 30 days, Flamel Technologies SA is expected to under-perform the Acura. But the stock apears to be less risky and, when comparing its historical volatility, Flamel Technologies SA is 1.8 times less risky than Acura. The stock trades about -0.54 of its potential returns per unit of risk. The Acura Pharmaceuticals Inc. is currently generating about -0.06 of returns per unit of risk over similar time horizon. If you would invest 326.00 in Acura Pharmaceuticals Inc. on April 26, 2012 and sell it today you would lose (21.00) from holding Acura Pharmaceuticals Inc. or give up 6.44% of portfolio value over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Flamel Technologies SA and Acura Pharmaceuticals Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.22
 Parameters
Time Period1 Month [change]
DirectionNegative FLML Moved Down vs ACUR
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between FLML and ACUR
    
    
 
       
Predicted Return Density
Expected Daily Returns   
FLML  ACUR  

Flamel Technologies SA

 
    
    
Flamel
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Flamel Technologies SA has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Valeant Pharmaceuticals International Inc. vs. Flamel Technologies SA
Elan Corporation plc vs. Flamel Technologies SA
Hospira Inc. vs. Flamel Technologies SA
Alkermes Inc. vs. Flamel Technologies SA
PetMed Express Inc. vs. Flamel Technologies SA
Acura Pharmaceuticals Inc. vs. Flamel Technologies SA
  

Acura Pharmaceuticals Inc.

 
    
    
Acura
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Acura Pharmaceuticals Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Valeant Pharmaceuticals International Inc. vs. Acura Pharmaceuticals Inc.
Elan Corporation plc vs. Acura Pharmaceuticals Inc.
Hospira Inc. vs. Acura Pharmaceuticals Inc.
Alkermes Inc. vs. Acura Pharmaceuticals Inc.
PetMed Express Inc. vs. Acura Pharmaceuticals Inc.
Flamel Technologies SA vs. Acura Pharmaceuticals Inc.
       


 

 
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