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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Merck & Co. Inc.  vs   JPMorgan Chase & Co.
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Daily Returns (%)
JPM   MRK   
 
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Considering 30-days investment horizon, Merck Co Inc is expected to generate 1.31 times more return on investment than JPMorgan. However, Merck is 1.31 times more volatile than JPMorgan Chase Co. It trades about 0.16 of its potential returns per unit of risk. JPMorgan Chase Co is currently generating about 0.13 per unit of risk. If you would invest  4,733  in Merck Co Inc on May 20, 2013 and sell it today you would earn a total of  42.00  from holding Merck Co Inc or generate 0.89% return on investment over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding Merck & Co. Inc. and JPMorgan Chase & Co. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.26
Parameters
Time Period1 Month [change]
DirectionPositive JPM Moved Up vs MRK
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Returns   
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Merck Co Inc

 
    
Merck
Performance
8
Out Of
100
Over 30
Days
92% of all equities and portfolios perform better than Merck Co Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Merck Co Inc are ranked lower than 8 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Merck

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JPMorgan Chase Co

 
    
JPMorgan
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than JPMorgan Chase Co. Compared with the overall equity markets, risk-adjusted returns on investments in JPMorgan Chase Co are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for JPMorgan

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