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US Market Closed: May 26, 10:43 AM 2012  
FNMFO KDDIF 096770 AAPL AMKBF XOM 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for IPAR and RDEN ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Inter Parfums Inc.  and   Elizabeth Arden Inc.
Check Correlation Matrix  
Daily Returns (%)
IPAR  RDEN  
Timeline
Given investment horizon of 30 days, Inter Parfums Inc. is expected to generate 1.0 times more return on investment than Elizabeth. However, Inter Parfums Inc. is as risky as Elizabeth. It trades about 0.05 of its potential returns per unit of risk. Elizabeth Arden Inc. is currently generating about -0.32 per unit of risk. If you would invest 1,592 in Inter Parfums Inc. on April 26, 2012 and sell it today you would earn a total of 8.00 from holding Inter Parfums Inc. or generate 0.5% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Inter Parfums Inc. and Elizabeth Arden Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.37
 Parameters
Time Period1 Month [change]
DirectionPositive RDEN Moved Up vs IPAR
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
IPAR  RDEN  

Inter Parfums Inc.

 
    
    
Inter
Performance
2
Out Of
100
Over 30
Days
98% of all equities and portfolios perform better than Inter Parfums Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in Inter Parfums Inc. are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days.
    
    
Procter & Gamble vs. Inter Parfums Inc.
ColgatePalmolive vs. Inter Parfums Inc.
KimberlyClark Corporation vs. Inter Parfums Inc.
Estee Lauder Companies Inc. vs. Inter Parfums Inc.
Avon Products Inc. vs. Inter Parfums Inc.
Energizer Holdings Inc. vs. Inter Parfums Inc.
  

Elizabeth Arden Inc.

 
    
    
Elizabeth
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Elizabeth Arden Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Procter & Gamble vs. Elizabeth Arden Inc.
ColgatePalmolive vs. Elizabeth Arden Inc.
KimberlyClark Corporation vs. Elizabeth Arden Inc.
Estee Lauder Companies Inc. vs. Elizabeth Arden Inc.
Avon Products Inc. vs. Elizabeth Arden Inc.
Energizer Holdings Inc. vs. Elizabeth Arden Inc.
       


 

 
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