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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 JPMorgan Chase & Co.  vs   The Walt Disney Company
 Compare Fundamentals  
Daily Returns (%)
JPM   DIS   
 
Considering 30-days investment horizon, JPMorgan Chase Co is expected to generate 1.35 times more return on investment than Disney. However, JPMorgan is 1.35 times more volatile than The Walt Disney Company. It trades about 0.45 of its potential returns per unit of risk. The Walt Disney Company is currently generating about 0.33 per unit of risk. If you would invest  4,817  in JPMorgan Chase Co on April 22, 2013 and sell it today you would earn a total of  485.00  from holding JPMorgan Chase Co or generate 10.07% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding JPMorgan Chase & Co. and The Walt Disney Company in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.09
Parameters
Time Period1 Month [change]
DirectionNegative JPM Moved Down vs DIS
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
JPM   DIS   

JPMorgan Chase Co

 
    
JPMorgan
Performance
24
Out Of
100
Over 30
Days
76% of all equities and portfolios perform better than JPMorgan Chase Co. Compared with the overall equity markets, risk-adjusted returns on investments in JPMorgan Chase Co are ranked lower than 24 (%) of all global equities and portfolios over the last 30 days.
    

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The Walt Disney Company

 
    
Disney
Performance
17
Out Of
100
Over 30
Days
83% of all equities and portfolios perform better than The Walt Disney Company. Compared with the overall equity markets, risk-adjusted returns on investments in The Walt Disney Company are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
    

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