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Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 IGE Plus XAO SA  and   Bonduelle
Check Correlation Matrix  
Daily Returns (%)
BON  IGE  
Timeline
Assuming 30 trading days horizon, IGE Plus XAO SA is expected to generate 1.75 times more return on investment than Bonduelle. However, IGE Plus is 1.75 times more volatile than Bonduelle. It trades about 0.13 of its potential returns per unit of risk. Bonduelle is currently generating about -0.15 per unit of risk. If you would invest 2,770 in IGE Plus XAO SA on April 26, 2012 and sell it today you would earn a total of 130.00 from holding IGE Plus XAO SA or generate 4.69% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding IGE Plus XAO SA and Bonduelle in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.07
 Parameters
Time Period1 Month [change]
DirectionNegative IGE.PA Moved Down vs BON.PA
StrengthInsignificant
Accuracy94.74%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
BON  IGE  

IGE Plus XAO SA

 
    
    
IGE Plus
Performance
5
Out Of
100
Over 30
Days
95% of all equities and portfolios perform better than IGE Plus XAO SA. Compared with the overall equity markets, risk-adjusted returns on investments in IGE Plus XAO SA are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
    
    
VMware Inc. vs. IGE Plus XAO SA
Dassault Systemes SA vs. IGE Plus XAO SA
Autodesk Inc. vs. IGE Plus XAO SA
Ansys Inc. vs. IGE Plus XAO SA
Concur Technologies Inc. vs. IGE Plus XAO SA
National Instruments Corporation vs. IGE Plus XAO SA
  

Bonduelle

 
    
    
Bonduelle
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Bonduelle has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Unilever plc vs. Bonduelle
Kraft Foods Inc. vs. Bonduelle
DANONE vs. Bonduelle
HJ Heinz vs. Bonduelle
Lancaster Colony Corporation vs. Bonduelle
Fromageries Bel vs. Bonduelle
       


 

 
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