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US Market Closed: May 26, 05:33 AM 2012  
EQR AVB AGNC UDR ESS CPT 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for GED and WFGBX ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 General Elec Cap Corp Preferre  and   Wells Fargo Advantage Growth B
Check Correlation Matrix  
Daily Returns (%)
GED  WFGBX  
Timeline
Considering 30-days investment horizon, General Elec Cap Corp Preferred is expected to generate 0.75 times more return on investment than Wells. However, General Elec Cap Corp Preferred is 1.33 times less risky than Wells. It trades about 0.02 of its potential returns per unit of risk. Wells Fargo Advantage Growth Balanced A is currently generating about -0.42 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

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding General Elec Cap Corp Preferre and Wells Fargo Advantage Growth B in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.23
 Parameters
Time Period1 Month [change]
DirectionPositive WFGBX Moved Up vs GED
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
GED  WFGBX  

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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Wells Fargo Advantage Growth Balanced A

 
    
    
Wells
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Wells Fargo Advantage Growth Balanced A has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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