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US Market Closed: May 26, 03:57 AM 2012  
I 3025431 IE00B1GC IE00083 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for FLML and HSP ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Flamel Technologies SA  and   Hospira Inc.
Check Correlation Matrix  
Daily Returns (%)
FLML  HSP  
Timeline
Given investment horizon of 30 days, Flamel Technologies SA is expected to under-perform the Hospira. In addition to that, Flamel is 1.53 times more volatile than Hospira Inc.. It trades about -0.54 of its total potential returns per unit of risk. Hospira Inc. is currently generating about -0.26 per unit of volatility. If you would invest 3,542 in Hospira Inc. on April 26, 2012 and sell it today you would lose (304.00) from holding Hospira Inc. or give up 8.58% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

-0.01
 Parameters
Time Period1 Month [change]
DirectionNegative FLML Moved Down vs HSP
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
FLML  HSP  

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
  

Hospira Inc.

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


 

 
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