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US Market Closed: May 26, 12:07 PM 2012  
GSZ EXC EOAN RWE PEG EOC 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for IDIX and SUGYF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Idenix Pharmaceuticals Inc.  and   SURE ENERGY INC
Check Correlation Matrix  
Daily Returns (%)
SUGYF  IDIX  
Timeline
Given investment horizon of 30 days, Idenix Pharmaceuticals Inc. is expected to generate 1.14 times more return on investment than SURE. However, Idenix is 1.14 times more volatile than SURE ENERGY INC. It trades about 0.17 of its potential returns per unit of risk. SURE ENERGY INC is currently generating about -0.36 per unit of risk. If you would invest 855 in Idenix Pharmaceuticals Inc. on April 26, 2012 and sell it today you would earn a total of 113.00 from holding Idenix Pharmaceuticals Inc. or generate 13.22% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Idenix Pharmaceuticals Inc. and SURE ENERGY INC in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.25
 Parameters
Time Period1 Month [change]
DirectionNegative IDIX Moved Down vs SUGYF.PK
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
SUGYF  IDIX  

Idenix Pharmaceuticals Inc.

 
    
    
Idenix
Performance
6
Out Of
100
Over 30
Days
94% of all equities and portfolios perform better than Idenix Pharmaceuticals Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in Idenix Pharmaceuticals Inc. are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
    
    
Amgen Inc. vs. Idenix Pharmaceuticals Inc.
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Biogen Idec Inc. vs. Idenix Pharmaceuticals Inc.
Celgene Corporation vs. Idenix Pharmaceuticals Inc.
Alexion Pharmaceuticals Inc. vs. Idenix Pharmaceuticals Inc.
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SURE ENERGY INC

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