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US Market Closed: May 26, 17:34 PM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for MTEX and CSKI ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Mannatech Inc.  and   China Sky One Medical Inc.
Check Correlation Matrix  
Daily Returns (%)
MTEX  CSKI  
Timeline
Given investment horizon of 30 days, Mannatech Inc. is expected to under-perform the China. In addition to that, Mannatech is 1.87 times more volatile than China Sky One Medical Inc.. It trades about -0.13 of its total potential returns per unit of risk. China Sky One Medical Inc. is currently generating about -0.02 per unit of volatility. If you would invest 34.00 in China Sky One Medical Inc. on April 26, 2012 and sell it today you would lose (3.00) from holding China Sky One Medical Inc. or give up 8.82% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Mannatech Inc. and China Sky One Medical Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.18
 Parameters
Time Period1 Month [change]
DirectionNegative MTEX Moved Down vs CSKI
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between MTEX and CSKI
    
    
 
       
Predicted Return Density
Expected Daily Returns   
MTEX  CSKI  

Mannatech Inc.

 
    
    
Mannatech
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Mannatech Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Estee Lauder Companies Inc. vs. Mannatech Inc.
Avon Products Inc. vs. Mannatech Inc.
Energizer Holdings Inc. vs. Mannatech Inc.
  

China Sky One Medical Inc.

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