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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Golar LNG Ltd.  vs   Prevedi Sicurezza
 Compare Fundamentals  
Daily Returns (%)
GLNG   PR   
 
Given investment horizon of 30 days, Golar is expected to generate 3.3 times less return on investment than Prevedi. In addition to that, Golar is 1.15 times more volatile than Prevedi Sicurezza. It trades about 0.14 of its total potential returns per unit of risk. Prevedi Sicurezza is currently generating about 0.52 per unit of volatility. If you would invest  21.00  in Prevedi Sicurezza on April 20, 2013 and sell it today you would earn a total of  4.00  from holding Prevedi Sicurezza or generate 19.05% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Golar LNG Ltd. and Prevedi Sicurezza in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.18
Parameters
Time Period1 Month [change]
DirectionPositive PR.MI Moved Up vs GLNG
StrengthInsignificant
Accuracy90.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GLNG   PR   

Golar LNG Ltd

 
    
Golar
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than Golar LNG Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Golar LNG Ltd are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    

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Prevedi Sicurezza

 
    
Prevedi
Performance
28
Out Of
100
Over 30
Days
72% of all equities and portfolios perform better than Prevedi Sicurezza. Compared with the overall equity markets, risk-adjusted returns on investments in Prevedi Sicurezza are ranked lower than 28 (%) of all global equities and portfolios over the last 30 days.
    

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