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FNMFO FNMFO 096770 KDDIF Services Health Management Recent Drops Communication 
Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 HICL INFRAST CO GBP  vs   SunOpta Inc.
 Compare Fundamentals  
Daily Returns (%)
HICL   SOY   
 
Assuming 30 trading days horizon, HICL INFRAST GBP is expected to under-perform the SunOpta. But the stock apears to be less risky and, when comparing its historical volatility, HICL INFRAST GBP is 3.22 times less risky than SunOpta. The stock trades about -0.02 of its potential returns per unit of risk. The SunOpta Inc is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest  740  in SunOpta Inc on April 26, 2013 and sell it today you would earn a total of  35.00  from holding SunOpta Inc or generate 4.73% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding HICL INFRAST CO GBP and SunOpta Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.47
Parameters
Time Period1 Month [change]
DirectionNegative HICL.L Moved Down vs SOY.TO
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
HICL   SOY   

HICL INFRAST GBP

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

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SunOpta Inc

 
    
SunOpta
Performance
2
Out Of
100
Over 30
Days
98% of all equities and portfolios perform better than SunOpta Inc. Compared with the overall equity markets, risk-adjusted returns on investments in SunOpta Inc are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days.
    

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