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US Market Closed: May 26, 14:53 PM 2012  
IDFC INDSEC BLK BK BEN TROW 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for MLG and GLQ ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 MetLife Inc.  and   Clough Global Equity Fund
Check Correlation Matrix  
Daily Returns (%)
GLQ  MLG  
Timeline
Considering 30-days investment horizon, MetLife Inc. is expected to generate 0.8 times more return on investment than Clough. However, MetLife Inc. is 1.25 times less risky than Clough. It trades about 0.25 of its potential returns per unit of risk. Clough Global Equity Fund is currently generating about -0.53 per unit of risk. If you would invest 2,569 in MetLife Inc. on April 26, 2012 and sell it today you would earn a total of 76.00 from holding MetLife Inc. or generate 2.96% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding MetLife Inc. and Clough Global Equity Fund in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.2
 Parameters
Time Period1 Month [change]
DirectionNegative MLG Moved Down vs GLQ
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between MLG and GLQ
    
    
 
       
Predicted Return Density
Expected Daily Returns   
GLQ  MLG  

MetLife Inc.

 
    
    
MetLife
Performance
11
Out Of
100
Over 30
Days
89% of all equities and portfolios perform better than MetLife Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in MetLife Inc. are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
    
    
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Clough Global Equity Fund

 
    
    
Clough
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Clough Global Equity Fund has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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