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US Market Closed: May 26, 09:01 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 IOM ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Gravity Co. Ltd  and   Iomart Group PLC
Check Correlation Matrix  
Daily Returns (%)
GRVY  IOM  
Timeline
Given investment horizon of 30 days, Gravity Ltd is expected to under-perform the Iomart. In addition to that, Gravity is 1.5 times more volatile than Iomart Group PLC. It trades about -0.13 of its total potential returns per unit of risk. Iomart Group PLC is currently generating about -0.02 per unit of volatility. If you would invest 14,000 in Iomart Group PLC on April 26, 2012 and sell it today you would lose (500.00) from holding Iomart Group PLC or give up 3.57% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

-0.02
 Parameters
Time Period1 Month [change]
DirectionNegative GRVY Moved Down vs IOM.L
StrengthInsignificant
Accuracy72.73%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
GRVY  IOM  

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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Iomart Group PLC

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