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US Market Closed: May 26, 14:12 PM 2012  
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  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for LD41 and IWY1 ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 LDK SOLAR SP ADR  and   SIFY SP ADR
Check Correlation Matrix  
Daily Returns (%)
IWY1  LD41  
Timeline
Assuming 30 trading days horizon, LDK SOLAR SP ADR is expected to generate 1.17 times more return on investment than SIFY. However, LDK SOLAR is 1.17 times more volatile than SIFY SP ADR. It trades about 0.08 of its potential returns per unit of risk. SIFY SP ADR is currently generating about -0.41 per unit of risk. If you would invest 227.00 in LDK SOLAR SP ADR on April 26, 2012 and sell it today you would earn a total of 11.00 from holding LDK SOLAR SP ADR or generate 4.85% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding LDK SOLAR SP ADR and SIFY SP ADR in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.18
 Parameters
Time Period1 Month [change]
DirectionPositive IWY1.BE Moved Up vs LD41.MU
StrengthInsignificant
Accuracy94.74%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
IWY1  LD41  

LDK SOLAR SP ADR

 
    
    
LDK SOLAR
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than LDK SOLAR SP ADR. Compared with the overall equity markets, risk-adjusted returns on investments in LDK SOLAR SP ADR are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    
    
Federal National Mortgage Association vs. LDK SOLAR SP ADR
KDDI CORP vs. LDK SOLAR SP ADR
SK Innovation vs. LDK SOLAR SP ADR
A.P. M vs. LDK SOLAR SP ADR
Citigroup Inc. vs. LDK SOLAR SP ADR
AngloGold Ashanti Ltd. vs. LDK SOLAR SP ADR
  

SIFY SP ADR

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


 

 
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