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S&P 500   1,666   1.06  Index Moved Down -0.06%
0341 0538 0573 0052 Long-Short Manufacturing Large Value 
United States  USA  |  Company Directory


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Collecting data for FNMFO and ALC ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Federal National Mortgage Asso  vs   A123 SYSTEMS
 Compare Fundamentals  
Daily Returns (%)
ALC   FNMFO   
 
Assuming 30 trading days horizon, Federal is expected to generate 3561.58 times less return on investment than A123. But when comparing it to its historical volatility, Federal National Mortgage Association is 2799.54 times less risky than A123. It trades about 0.18 of its potential returns per unit of risk. A123 SYSTEMS is currently generating about 0.23 of returns per unit of risk over similar time horizon. If you would invest  1.00  in A123 SYSTEMS on April 20, 2013 and sell it today you would earn a total of  1.00  from holding A123 SYSTEMS or generate 100.0% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Federal National Mortgage Asso and A123 SYSTEMS in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.04
Parameters
Time Period1 Month [change]
DirectionNegative FNMFO.PK Moved Down vs ALC.BE
StrengthInsignificant
Accuracy95.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
ALC   FNMFO   

Federal National Mortgage Association

 
    
Federal
Performance
9
Out Of
100
Over 30
Days
91% of all equities and portfolios perform better than Federal National Mortgage Association. Compared with the overall equity markets, risk-adjusted returns on investments in Federal National Mortgage Association are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Federal

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A123 SYSTEMS

 
    
A123
Performance
12
Out Of
100
Over 30
Days
88% of all equities and portfolios perform better than A123 SYSTEMS. Compared with the overall equity markets, risk-adjusted returns on investments in A123 SYSTEMS are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for A123

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