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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 General Motors Company  vs   The Walt Disney Company
 Compare Fundamentals  
Daily Returns (%)
DIS   GM   
 
Allowing for 30-days total investment horizon, GM is expected to generate 187.62 times less return on investment than Disney. But when comparing it to its historical volatility, General Motors Company is 209.96 times less risky than Disney. It trades about 0.31 of its potential returns per unit of risk. The Walt Disney Company is currently generating about 0.28 of returns per unit of risk over similar time horizon. If you would invest  75,550  in The Walt Disney Company on April 23, 2013 and sell it today you would earn a total of  5,935  from holding The Walt Disney Company or generate 7.86% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding General Motors Company and The Walt Disney Company in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.07
Parameters
Time Period1 Month [change]
DirectionPositive DIS.MX Moved Up vs GM
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
DIS   GM   

General Motors Company

 
    
GM
Performance
17
Out Of
100
Over 30
Days
83% of all equities and portfolios perform better than General Motors Company. Compared with the overall equity markets, risk-adjusted returns on investments in General Motors Company are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
    

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The Walt Disney Company

 
    
Disney
Performance
15
Out Of
100
Over 30
Days
85% of all equities and portfolios perform better than The Walt Disney Company. Compared with the overall equity markets, risk-adjusted returns on investments in The Walt Disney Company are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.
    

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