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US Market Closed: May 26, 12:28 PM 2012  
VGSIX VGSLX VGRSX VGSNX CSRSX FRESX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for LNDC and ABHFX ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Landec Corp.  and   American Funds HiInc Muni Bond
Check Correlation Matrix  
Daily Returns (%)
LNDC  ABHFX  
Timeline
Given investment horizon of 30 days, Landec Corporation is expected to generate 30.75 times more return on investment than American. However, Landec is 30.75 times more volatile than American Funds HiInc Muni Bond F1. It trades about 0.14 of its potential returns per unit of risk. American Funds HiInc Muni Bond F1 is currently generating about 0.5 per unit of risk. If you would invest 656 in Landec Corporation on April 26, 2012 and sell it today you would earn a total of 51.00 from holding Landec Corporation or generate 7.77% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Landec Corp. and American Funds HiInc Muni Bond in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.07
 Parameters
Time Period1 Month [change]
DirectionPositive ABHFX Moved Up vs LNDC
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
LNDC  ABHFX  

Landec Corporation

 
    
    
Landec
Performance
6
Out Of
100
Over 30
Days
94% of all equities and portfolios perform better than Landec Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Landec Corporation are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
    
    
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American Funds HiInc Muni Bond F1

 
    
    
American
Performance
22
Out Of
100
Over 30
Days
78% of all equities and portfolios perform better than American Funds HiInc Muni Bond F1. Compared with the overall equity markets, risk-adjusted returns on investments in American Funds HiInc Muni Bond F1 are ranked lower than 22 (%) of all global equities and portfolios over the last 30 days.
    
    
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