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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Huntington Bancshares Incorpor  vs   Ojai Community Bank
 Compare Fundamentals  
Daily Returns (%)
OJCB   HBANP   
 
Assuming 30 trading days horizon, Huntington is expected to generate 1.22 times less return on investment than Ojai. But when comparing it to its historical volatility, Huntington Bancshares Incorporated is 3.03 times less risky than Ojai. It trades about 0.25 of its potential returns per unit of risk. Ojai Community Bank is currently generating about 0.1 of returns per unit of risk over similar time horizon. If you would invest  600  in Ojai Community Bank on April 19, 2013 and sell it today you would earn a total of  25.00  from holding Ojai Community Bank or generate 4.17% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Huntington Bancshares Incorpor and Ojai Community Bank in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.28
Parameters
Time Period1 Month [change]
DirectionNegative HBANP Moved Down vs OJCB.OB
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
OJCB   HBANP   

Huntington Bancshares Incorporated

 
    
Huntington
Performance
13
Out Of
100
Over 30
Days
87% of all equities and portfolios perform better than Huntington Bancshares Incorporated. Compared with the overall equity markets, risk-adjusted returns on investments in Huntington Bancshares Incorporated are ranked lower than 13 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Huntington

Federal National Mortgage Association vs. Huntington Bancshares Incorporated
Federal National Mortgage Association vs. Huntington Bancshares Incorporated
SK Innovation vs. Huntington Bancshares Incorporated
KDDI Corp vs. Huntington Bancshares Incorporated
Japan Tobacco Inc vs. Huntington Bancshares Incorporated
Inpex Corporation vs. Huntington Bancshares Incorporated
AP M vs. Huntington Bancshares Incorporated
AP M vs. Huntington Bancshares Incorporated
Citigroup Inc vs. Huntington Bancshares Incorporated
Akbank TAS vs. Huntington Bancshares Incorporated
  

Ojai Community Bank

 
    
Ojai
Performance
5
Out Of
100
Over 30
Days
95% of all equities and portfolios perform better than Ojai Community Bank. Compared with the overall equity markets, risk-adjusted returns on investments in Ojai Community Bank are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Ojai

Federal National Mortgage Association vs. Ojai Community Bank
Federal National Mortgage Association vs. Ojai Community Bank
SK Innovation vs. Ojai Community Bank
KDDI Corp vs. Ojai Community Bank
Japan Tobacco Inc vs. Ojai Community Bank
Inpex Corporation vs. Ojai Community Bank
AP M vs. Ojai Community Bank
AP M vs. Ojai Community Bank
Citigroup Inc vs. Ojai Community Bank
Akbank TAS vs. Ojai Community Bank


 
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