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US Market Closed: May 26, 09:00 AM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for GRVY and ACET ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Gravity Co. Ltd  and   Aceto Corp.
Check Correlation Matrix  
Daily Returns (%)
ACET  GRVY  
Timeline
Given investment horizon of 30 days, Gravity Ltd is expected to under-perform the Aceto. In addition to that, Gravity is 1.95 times more volatile than Aceto Corporation. It trades about -0.13 of its total potential returns per unit of risk. Aceto Corporation is currently generating about -0.17 per unit of volatility. If you would invest 902 in Aceto Corporation on April 26, 2012 and sell it today you would lose (77.00) from holding Aceto Corporation or give up 8.54% of portfolio value over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Gravity Co. Ltd and Aceto Corp. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.18
 Parameters
Time Period1 Month [change]
DirectionPositive ACET Moved Up vs GRVY
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between GRVY and ACET
    
    
 
       
Predicted Return Density
Expected Daily Returns   
ACET  GRVY  

Gravity Ltd

 
    
    
Gravity
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Gravity Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Aceto Corporation

 
    
    
Aceto
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Aceto Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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