Processing
Collecting data for HLX and EGO ...

Asset Comparison and Correlation

View All Portfolios

More Actions
- Select Assests
- Optimize Portfolio
- Suggest Portfolio
- Backtest Watchlist
- Analyze Correlations
- View Transactions
- Check Volatilities
- Import Equities
- Search Equities

Investment horizon:

30 Days Login to change

Run Correlation

Helix Energy Solutions Group I vs Eldorado Gold Corp.

Compare Fundamentals

Daily Returns (%)

EGO

HLX

Change Benchmark

Embed

Export

Timeline

Considering 30-days investment horizon, Helix Energy Solutions Group Inc is expected to generate 0.52 times more return on investment than Eldorado. However, Helix Energy Solutions Group Inc is 1.93 times less risky than Eldorado. It trades about 0.37 of its potential returns per unit of risk. Eldorado Gold Corp is currently generating about -0.05 per unit of risk. If you would invest 2,233 in Helix Energy Solutions Group Inc on April 22, 2013 and sell it today you would earn a total of 320.00 from holding Helix Energy Solutions Group Inc or generate 14.33% return on investment over 30 days.

Diversification

Average diversification

Overlapping area represents amount of risk that can be diversified away by holding Helix Energy Solutions Group I and Eldorado Gold Corp. in the same portfolio assuming nothing else is changed

Optimize

Correlation Coefficient

0.18

Parameters

Time Period	1 Month [change]
Direction	Positive
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

Suggest

Follow Correlation between HLX and EGO with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker

Get Widget

Add Correlation between HLX and EGO to your reader

Syndicate

Share Correlation between HLX and EGO

Find Opportunities

Predicted Return Density

Embed

Export

Returns

EGO

HLX

Helix Energy Solutions Group Inc

Alpha

Profile

Helix

Performance

19	Out Of 100

Over 30

Days

81% of all equities and portfolios perform better than Helix Energy Solutions Group Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Helix Energy Solutions Group Inc are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days.

Check Performance

Backtest

Predict Price