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Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Miller Industries Inc.  vs   Shire plc
 Compare Fundamentals  
Daily Returns (%)
MLR   SHPGY   
 
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Considering 30-days investment horizon, Miller Industries Inc is expected to generate 2.58 times more return on investment than Shire. However, Miller is 2.58 times more volatile than Shire plc. It trades about 0.07 of its potential returns per unit of risk. Shire plc is currently generating about 0.18 per unit of risk. If you would invest  1,557  in Miller Industries Inc on May 19, 2013 and sell it today you would earn a total of  21.00  from holding Miller Industries Inc or generate 1.35% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Miller Industries Inc. and Shire plc in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.52
Parameters
Time Period1 Month [change]
DirectionPositive SHPGY Moved Up vs MLR
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Miller Industries Inc

 
    
Miller
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than Miller Industries Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Miller Industries Inc are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Miller

Johnson Controls Inc vs. Miller Industries Inc
BorgWarner Inc vs. Miller Industries Inc
Lear Corp vs. Miller Industries Inc
WABCO Holdings Inc vs. Miller Industries Inc
  

Shire plc

 
    
Shire
Performance
9
Out Of
100
Over 30
Days
91% of all equities and portfolios perform better than Shire plc. Compared with the overall equity markets, risk-adjusted returns on investments in Shire plc are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Shire

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AP M vs. Shire plc
Citigroup Inc vs. Shire plc
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