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US Market Closed: May 26, 13:43 PM 2012  
BAM UBL WPC JOE GFJ DWNI 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for JRJC and AKAM ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 China Finance Online Co. Ltd.  and   Akamai Technologies Inc.
Check Correlation Matrix  
Daily Returns (%)
JRJC  AKAM  
Timeline
Given investment horizon of 30 days, China Finance Online Ltd. is expected to under-perform the Akamai. In addition to that, China is 1.77 times more volatile than Akamai Technologies Inc.. It trades about -0.18 of its total potential returns per unit of risk. Akamai Technologies Inc. is currently generating about -0.27 per unit of volatility. If you would invest 3,318 in Akamai Technologies Inc. on April 26, 2012 and sell it today you would lose (387.00) from holding Akamai Technologies Inc. or give up 11.66% of portfolio value over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding China Finance Online Co. Ltd. and Akamai Technologies Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.21
 Parameters
Time Period1 Month [change]
DirectionNegative JRJC Moved Down vs AKAM
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between JRJC and AKAM
    
    
 
       
Predicted Return Density
Expected Daily Returns   
JRJC  AKAM  

China Finance Online Ltd.

 
    
    
China
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days China Finance Online Ltd. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Google Inc. vs. China Finance Online Ltd.
Baidu Inc. vs. China Finance Online Ltd.
Yahoo! Inc. vs. China Finance Online Ltd.
Akamai Technologies Inc. vs. China Finance Online Ltd.
Bankrate Inc. Common Stock vs. China Finance Online Ltd.
Sohu.com Inc. vs. China Finance Online Ltd.
  

Akamai Technologies Inc.

 
    
    
Akamai
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Akamai Technologies Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Google Inc. vs. Akamai Technologies Inc.
Baidu Inc. vs. Akamai Technologies Inc.
Yahoo! Inc. vs. Akamai Technologies Inc.
Bankrate Inc. Common Stock vs. Akamai Technologies Inc.
Sohu.com Inc. vs. Akamai Technologies Inc.
ValueClick Inc. vs. Akamai Technologies Inc.
       


 

 
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