Welcome to Macroaxis
Sign in to go to your portfolios
Don't have an account? Create It
  Macroaxis: Personalized Investing   The proven technology to invest wisely
Macroaxis Country Selector USA  Change      Macroaxis User Registration Register    Macroaxis User Login Sign In
   
  
 
US Market Closed: May 26, 05:31 AM 2012  
PTTBX PTRAX PTTCX PTRRX PTTDX PTTRX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



Processing
Collecting data for GED and ABHFX ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 General Elec Cap Corp Preferre  and   American Funds HiInc Muni Bond
Check Correlation Matrix  
Daily Returns (%)
GED  ABHFX  
Timeline
Considering 30-days investment horizon, General is expected to generate 4.0 times less return on investment than American. In addition to that, General is 6.13 times more volatile than American Funds HiInc Muni Bond F1. It trades about 0.02 of its total potential returns per unit of risk. American Funds HiInc Muni Bond F1 is currently generating about 0.5 per unit of volatility. If you would invest 1,471 in American Funds HiInc Muni Bond F1 on April 26, 2012 and sell it today you would earn a total of 13.00 from holding American Funds HiInc Muni Bond F1 or generate 0.88% return on investment over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding General Elec Cap Corp Preferre and American Funds HiInc Muni Bond in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.27
 Parameters
Time Period1 Month [change]
DirectionPositive ABHFX Moved Up vs GED
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
    
Follow Correlation between GED and ABHFX with your standard RSS feed, custom widget, or your favorite social app
Add To Reader
 
Add Correlation between GED and ABHFX to your reader
 
Get social with Correlation between GED and ABHFX
 Share Correlation between GED and ABHFX 
Share Share Correlation between GED and ABHFX
    
    
 
       
Predicted Return Density
Expected Daily Returns   
GED  ABHFX  

General Elec Cap Corp Preferred

 
    
    
General
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days General Elec Cap Corp Preferred has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Federal National Mortgage Association vs. General Elec Cap Corp Preferred
KDDI CORP vs. General Elec Cap Corp Preferred
SK Innovation vs. General Elec Cap Corp Preferred
A.P. M vs. General Elec Cap Corp Preferred
Citigroup Inc. vs. General Elec Cap Corp Preferred
AngloGold Ashanti Ltd. vs. General Elec Cap Corp Preferred
  

American Funds HiInc Muni Bond F1

 
    
    
American
Performance
22
Out Of
100
Over 30
Days
78% of all equities and portfolios perform better than American Funds HiInc Muni Bond F1. Compared with the overall equity markets, risk-adjusted returns on investments in American Funds HiInc Muni Bond F1 are ranked lower than 22 (%) of all global equities and portfolios over the last 30 days.
    
    
Franklin High Yield TaxFree Inc A vs. American Funds HiInc Muni Bond F1
Franklin High Yield TaxFree Inc Adv vs. American Funds HiInc Muni Bond F1
Franklin High Yield TaxFree Inc C vs. American Funds HiInc Muni Bond F1
Franklin High Yield TaxFree Inc B vs. American Funds HiInc Muni Bond F1
Nuveen High Yield Municipal Bond B vs. American Funds HiInc Muni Bond F1
Nuveen High Yield Municipal Bond A vs. American Funds HiInc Muni Bond F1
       


 

 
Analytics
Investor Landscape
Efficient Frontier
Market Correlation
Risk and Return Analysis
Financial Content
Portfolio Projections
Portfolio Backtesting
Tools
FAQs
Retirement Optimizer
RSS and Mobile Access
Company Directory
Advisor Directory
Insider Directory
Wealth Management
About Us
About Macroaxis
Contact Us
Terms Of Use
Privacy Policy
Custom Reporting
Product Tour
More ROI Custom Reporting