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US Market Closed: May 26, 11:15 AM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for HPOL and PATELENG ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Harris Interactive Inc.  and   Patel Engineering Ltd.
Check Correlation Matrix  
Daily Returns (%)
HPOL  PATELENG  
Timeline
Given investment horizon of 30 days, Harris Interactive Inc. is expected to generate 1.66 times more return on investment than Patel. However, Harris is 1.66 times more volatile than Patel Engineering Ltd.. It trades about -0.02 of its potential returns per unit of risk. Patel Engineering Ltd. is currently generating about -0.53 per unit of risk. If you would invest 122.00 in Harris Interactive Inc. on April 26, 2012 and sell it today you would lose (8.00) from holding Harris Interactive Inc. or give up 6.56% of portfolio value over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Harris Interactive Inc. and Patel Engineering Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.47
 Parameters
Time Period1 Month [change]
DirectionPositive PATELENG.NS Moved Up vs HPOL
StrengthWeak
Accuracy86.36%
ValuesDaily Returns
    
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Share Share Correlation between HPOL and PATELENG
    
    
 
       
Predicted Return Density
Expected Daily Returns   
HPOL  PATELENG  

Harris Interactive Inc.

 
    
    
Harris
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Harris Interactive Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Genpact Ltd. vs. Harris Interactive Inc.
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Booz Allen Hamilton Inc. vs. Harris Interactive Inc.
Corporate Executive Board vs. Harris Interactive Inc.
FTI Consulting Inc. vs. Harris Interactive Inc.
Huron Consulting Group Inc. vs. Harris Interactive Inc.
  

Patel Engineering Ltd.

 
    
    
Patel
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Patel Engineering Ltd. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Larsen & Toubro Limited vs. Patel Engineering Ltd.
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Voltas Ltd. vs. Patel Engineering Ltd.
CHINA COMM CONS vs. Patel Engineering Ltd.
Lanco Infratech Ltd. vs. Patel Engineering Ltd.
Era Infra Engineering Ltd. vs. Patel Engineering Ltd.
       


 

 
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