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US Market Closed: May 26, 11:33 AM 2012  
VEIEX VERSX VEMAX VEMRX VEMIX ODVIX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for HTIG and NATHPUL ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Hightex Group PLC  and   Nath Pulp & Paper Mills Ltd.
Check Correlation Matrix  
Daily Returns (%)
NATHPUL  HTIG  
Timeline
Assuming 30 trading days horizon, Hightex Group PLC is expected to generate 0.53 times more return on investment than Nath. However, Hightex Group PLC is 1.88 times less risky than Nath. It trades about 0.14 of its potential returns per unit of risk. Nath Pulp & Paper Mills Ltd. is currently generating about 0.05 per unit of risk. If you would invest 120.00 in Hightex Group PLC on April 26, 2012 and sell it today you would earn a total of 10.00 from holding Hightex Group PLC or generate 8.33% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Hightex Group PLC and Nath Pulp & Paper Mills Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.35
 Parameters
Time Period1 Month [change]
DirectionNegative HTIG.L Moved Down vs NATHPUL.BO
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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 Share Correlation between HTIG and NATHPUL 
Share Share Correlation between HTIG and NATHPUL
    
    
 
       
Predicted Return Density
Expected Daily Returns   
NATHPUL  HTIG  

Hightex Group PLC

 
    
    
Hightex
Performance
6
Out Of
100
Over 30
Days
94% of all equities and portfolios perform better than Hightex Group PLC. Compared with the overall equity markets, risk-adjusted returns on investments in Hightex Group PLC are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
    
    
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Nath Pulp & Paper Mills Ltd.

 
    
    
Nath
Performance
2
Out Of
100
Over 30
Days
98% of all equities and portfolios perform better than Nath Pulp & Paper Mills Ltd.. Compared with the overall equity markets, risk-adjusted returns on investments in Nath Pulp & Paper Mills Ltd. are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days.
    
    
Ballarpur Industries Ltd. vs. Nath Pulp & Paper Mills Ltd.
International Paper vs. Nath Pulp & Paper Mills Ltd.
Orient Paper & Industries Ltd. vs. Nath Pulp & Paper Mills Ltd.
Andhra Pradesh Paper Mills Ltd. vs. Nath Pulp & Paper Mills Ltd.
Rainbow Papers Ltd. vs. Nath Pulp & Paper Mills Ltd.
Tamil Nadu Newsprint & Papers Ltd. vs. Nath Pulp & Paper Mills Ltd.
       


 

 
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