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US Market Closed: May 26, 11:21 AM 2012  
AU ABX ABX G GG NEM 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for HSP and EMIS ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Hospira Inc.  and   Emisphere Technologies Inc.
Check Correlation Matrix  
Daily Returns (%)
EMIS  HSP  
Timeline
Considering 30-days investment horizon, Hospira Inc. is expected to generate 0.14 times more return on investment than Emisphere. However, Hospira Inc. is 7.02 times less risky than Emisphere. It trades about -0.26 of its potential returns per unit of risk. Emisphere Technologies Inc. is currently generating about -0.05 per unit of risk. If you would invest 3,542 in Hospira Inc. on April 26, 2012 and sell it today you would lose (304.00) from holding Hospira Inc. or give up 8.58% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Hospira Inc. and Emisphere Technologies Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.15
 Parameters
Time Period1 Month [change]
DirectionNegative HSP Moved Down vs EMIS.OB
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
EMIS  HSP  

Hospira Inc.

 
    
    
Hospira
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Hospira Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Emisphere Technologies Inc.

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