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Collecting data for GED and HVCBX ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 General Elec Cap Corp Preferre  and   American Funds Blue Chip Inc &
Check Correlation Matrix  
Daily Returns (%)
GED  HVCBX  
Timeline
Considering 30-days investment horizon, General Elec Cap Corp Preferred is expected to generate 0.72 times more return on investment than American. However, General Elec Cap Corp Preferred is 1.39 times less risky than American. It trades about 0.02 of its potential returns per unit of risk. American Funds Blue Chip Inc & Gr HLS IB is currently generating about -0.35 per unit of risk. If you would invest 2,563 in General Elec Cap Corp Preferred on April 26, 2012 and sell it today you would lose (1.00) from holding General Elec Cap Corp Preferred or give up 0.04% of portfolio value over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding General Elec Cap Corp Preferre and American Funds Blue Chip Inc & in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.13
 Parameters
Time Period1 Month [change]
DirectionPositive HVCBX Moved Up vs GED
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between GED and HVCBX
    
    
 
       
Predicted Return Density
Expected Daily Returns   
GED  HVCBX  

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.
    
    
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American Funds Blue Chip Inc & Gr HL

 
    
    
American
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days American Funds Blue Chip Inc & Gr HLS IB has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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