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US Market Closed: May 26, 10:53 AM 2012  
MNA RALS SIZ PEJ SSO INP 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for ITC and BGAIF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 ITC Holdings Corp.  and   BioGaia AB
Check Correlation Matrix  
Daily Returns (%)
BGAIF  ITC  
Timeline
Considering 30-days investment horizon, ITC Holdings Corporation is expected to generate 0.3 times more return on investment than BioGaia. However, ITC Holdings Corporation is 3.28 times less risky than BioGaia. It trades about -0.3 of its potential returns per unit of risk. BioGaia AB is currently generating about -0.23 per unit of risk. If you would invest 7,813 in ITC Holdings Corporation on April 26, 2012 and sell it today you would lose (881) from holding ITC Holdings Corporation or give up 11.28% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding ITC Holdings Corp. and BioGaia AB in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.07
 Parameters
Time Period1 Month [change]
DirectionNegative ITC Moved Down vs BGAIF.PK
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between ITC and BGAIF
    
    
 
       
Predicted Return Density
Expected Daily Returns   
BGAIF  ITC  

ITC Holdings Corporation

 
    
    
ITC Holdings
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days ITC Holdings Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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BioGaia AB

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