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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Huaneng Power International In  vs   Toyota Motor Corp.
 Compare Fundamentals  
Daily Returns (%)
TM   HNP   
 
Considering 30-days investment horizon, Huaneng Power International Inc is expected to generate 1.09 times more return on investment than Toyota. However, Huaneng is 1.09 times more volatile than Toyota Motor Corporation. It trades about 0.54 of its potential returns per unit of risk. Toyota Motor Corporation is currently generating about 0.43 per unit of risk. If you would invest  4,329  in Huaneng Power International Inc on April 19, 2013 and sell it today you would earn a total of  601  from holding Huaneng Power International Inc or generate 13.88% return on investment over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding Huaneng Power International In and Toyota Motor Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.23
Parameters
Time Period1 Month [change]
DirectionPositive TM Moved Up vs HNP
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
TM   HNP   

Huaneng Power International Inc

 
    
Huaneng
Performance
28
Out Of
100
Over 30
Days
72% of all equities and portfolios perform better than Huaneng Power International Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Huaneng Power International Inc are ranked lower than 28 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Huaneng

Duke Energy Corporation vs. Huaneng Power International Inc
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Consolidated Edison Inc vs. Huaneng Power International Inc
Korea Electric Power Corp vs. Huaneng Power International Inc
Edison International vs. Huaneng Power International Inc
  

Toyota Motor Corporation

 
    
Toyota
Performance
23
Out Of
100
Over 30
Days
77% of all equities and portfolios perform better than Toyota Motor Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Toyota Motor Corporation are ranked lower than 23 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Toyota

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