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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Moodys Corp.  vs   Stryker Corp.
 Compare Fundamentals  
Daily Returns (%)
SYK   MCO   
 
Considering 30-days investment horizon, Moodys Corp is expected to generate 2.77 times more return on investment than Stryker. However, Moodys is 2.77 times more volatile than Stryker Corporation. It trades about 0.51 of its potential returns per unit of risk. Stryker Corporation is currently generating about 0.41 per unit of risk. If you would invest  5,483  in Moodys Corp on April 19, 2013 and sell it today you would earn a total of  1,308  from holding Moodys Corp or generate 23.86% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Moodys Corp. and Stryker Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.41
Parameters
Time Period1 Month [change]
DirectionPositive SYK Moved Up vs MCO
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SYK   MCO   

Moodys Corp

 
    
Moodys
Performance
27
Out Of
100
Over 30
Days
73% of all equities and portfolios perform better than Moodys Corp. Compared with the overall equity markets, risk-adjusted returns on investments in Moodys Corp are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.
    

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Stryker Corporation

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

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