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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Microsoft Corp.  vs   Merck & Co. Inc.
 Compare Fundamentals  
Daily Returns (%)
MRK   MSFT   
 
Given investment horizon of 30 days, Microsoft Corporation is expected to generate 0.76 times more return on investment than Merck. However, Microsoft Corporation is 1.31 times less risky than Merck. It trades about 0.28 of its potential returns per unit of risk. Merck Co Inc is currently generating about -0.01 per unit of risk. If you would invest  3,179  in Microsoft Corporation on April 25, 2013 and sell it today you would earn a total of  248.00  from holding Microsoft Corporation or generate 7.8% return on investment over 30 days.

Diversification

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

Correlation Coefficient

-0.21
Parameters
Time Period1 Month [change]
DirectionNegative MSFT Moved Down vs MRK
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
MRK   MSFT   

Microsoft Corporation

 
    
Microsoft
Performance
15
Out Of
100
Over 30
Days
85% of all equities and portfolios perform better than Microsoft Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Microsoft Corporation are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Microsoft

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Merck Co Inc

 
    
Merck
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Merck Co Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for Merck

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