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Collecting data for KMM and NEFIO ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 DWS MultiMarket Income Trust  and   NEWELL FIN TR 1 5.25
Check Correlation Matrix  
Daily Returns (%)
NEFIO  KMM  
Timeline
Considering 30-days investment horizon, DWS MultiMarket Income Trust is expected to under-perform the NEWELL. But the stock apears to be less risky and, when comparing its historical volatility, DWS MultiMarket Income Trust is 1.52 times less risky than NEWELL. The stock trades about -0.17 of its potential returns per unit of risk. The NEWELL FIN TR 1 5.25 is currently generating about 0.03 of returns per unit of risk over similar time horizon. If you would invest 4,630 in NEWELL FIN TR 1 5.25 on April 26, 2012 and sell it today you would earn a total of 45.00 from holding NEWELL FIN TR 1 5.25 or generate 0.97% return on investment over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding DWS MultiMarket Income Trust and NEWELL FIN TR 1 5.25 in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.23
 Parameters
Time Period1 Month [change]
DirectionPositive NEFIO.PK Moved Up vs KMM
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between KMM and NEFIO
    
    
 
       
Predicted Return Density
Expected Daily Returns   
NEFIO  KMM  

DWS MultiMarket Income Trust

 
    
    
DWS MultiMar
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days DWS MultiMarket Income Trust has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Federal National Mortgage Association vs. DWS MultiMarket Income Trust
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SK Innovation vs. DWS MultiMarket Income Trust
A.P. M vs. DWS MultiMarket Income Trust
Citigroup Inc. vs. DWS MultiMarket Income Trust
AngloGold Ashanti Ltd. vs. DWS MultiMarket Income Trust
  

NEWELL FIN TR 1 5.25

 
    
    
NEWELL
Performance
1
Out Of
100
Over 30
Days
99% of all equities and portfolios perform better than NEWELL FIN TR 1 5.25. Compared with the overall equity markets, risk-adjusted returns on investments in NEWELL FIN TR 1 5.25 are ranked lower than 1 (%) of all global equities and portfolios over the last 30 days.
    
    
Federal National Mortgage Association vs. NEWELL FIN TR 1 5.25
KDDI CORP vs. NEWELL FIN TR 1 5.25
SK Innovation vs. NEWELL FIN TR 1 5.25
A.P. M vs. NEWELL FIN TR 1 5.25
Citigroup Inc. vs. NEWELL FIN TR 1 5.25
AngloGold Ashanti Ltd. vs. NEWELL FIN TR 1 5.25
       


 

 
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