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US Market Closed: May 26, 10:33 AM 2012  
AU ABX ABX G GG NEM 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for INSV and ADMP ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Insite Vision Inc.  and   Adamis Pharmaceuticals Corp.
Check Correlation Matrix  
Daily Returns (%)
INSV  ADMP  
Timeline
Assuming 30 trading days horizon, Insite Vision Inc. is expected to generate 0.54 times more return on investment than Adamis. However, Insite Vision Inc. is 1.85 times less risky than Adamis. It trades about -0.01 of its potential returns per unit of risk. Adamis Pharmaceuticals Corporation is currently generating about -0.01 per unit of risk. If you would invest 37.00 in Insite Vision Inc. on April 26, 2012 and sell it today you would lose (2.00) from holding Insite Vision Inc. or give up 5.41% of portfolio value over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Insite Vision Inc. and Adamis Pharmaceuticals Corp. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.24
 Parameters
Time Period1 Month [change]
DirectionNegative INSV.OB Moved Down vs ADMP.OB
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
INSV  ADMP  

Insite Vision Inc.

 
    
    
Insite
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Insite Vision Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Valeant Pharmaceuticals International Inc. vs. Insite Vision Inc.
Elan Corporation plc vs. Insite Vision Inc.
Hospira Inc. vs. Insite Vision Inc.
Alkermes Inc. vs. Insite Vision Inc.
PetMed Express Inc. vs. Insite Vision Inc.
Acura Pharmaceuticals Inc. vs. Insite Vision Inc.
  

Adamis Pharmaceuticals Corporation

 
    
    
Adamis
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Adamis Pharmaceuticals Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Valeant Pharmaceuticals International Inc. vs. Adamis Pharmaceuticals Corporation
Elan Corporation plc vs. Adamis Pharmaceuticals Corporation
Hospira Inc. vs. Adamis Pharmaceuticals Corporation
Alkermes Inc. vs. Adamis Pharmaceuticals Corporation
PetMed Express Inc. vs. Adamis Pharmaceuticals Corporation
Acura Pharmaceuticals Inc. vs. Adamis Pharmaceuticals Corporation
       


 

 
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