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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Forest Laboratories Inc.  vs   Comcast Corp.
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Daily Returns (%)
CMCSA   FRX   
 
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Considering 30-days investment horizon, Forest Laboratories Inc is expected to generate 1.37 times more return on investment than Comcast. However, Forest is 1.37 times more volatile than Comcast Corporation. It trades about 0.26 of its potential returns per unit of risk. Comcast Corporation is currently generating about -0.1 per unit of risk. If you would invest  3,792  in Forest Laboratories Inc on May 20, 2013 and sell it today you would earn a total of  365.00  from holding Forest Laboratories Inc or generate 9.63% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Forest Laboratories Inc. and Comcast Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.31
Parameters
Time Period1 Month [change]
DirectionPositive CMCSA Moved Up vs FRX
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
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Forest Laboratories Inc

 
    
Forest
Performance
14
Out Of
100
Over 30
Days
86% of all equities and portfolios perform better than Forest Laboratories Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Forest Laboratories Inc are ranked lower than 14 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Forest

Novo Nordisk A-S vs. Forest Laboratories Inc
Teva Pharmaceutical Industries Limited vs. Forest Laboratories Inc
Allergan Inc vs. Forest Laboratories Inc
Dr Reddys Laboratories Ltd vs. Forest Laboratories Inc
Pharmacyclics Inc vs. Forest Laboratories Inc
Warner Chilcott plc vs. Forest Laboratories Inc
Endo Health Solutions Inc vs. Forest Laboratories Inc
  

Comcast Corporation

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

Match-ups for Comcast

DIRECTV vs. Comcast Corporation
Discovery Communications Inc vs. Comcast Corporation
Time Warner Cable Inc vs. Comcast Corporation
Dish Network Corp vs. Comcast Corporation


 
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