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US Market Closed: May 26, 17:34 PM 2012  
JNJ PFE NVS GSK ABT SNY 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for MTEX and HLF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Mannatech Inc.  and   Herbalife Ltd.
Check Correlation Matrix  
Daily Returns (%)
HLF  MTEX  
Timeline
Given investment horizon of 30 days, Mannatech Inc. is expected to generate 0.97 times more return on investment than Herbalife. However, Mannatech Inc. is 1.03 times less risky than Herbalife. It trades about -0.13 of its potential returns per unit of risk. Herbalife Ltd. is currently generating about -0.28 per unit of risk. If you would invest 418.00 in Mannatech Inc. on April 26, 2012 and sell it today you would lose (83.00) from holding Mannatech Inc. or give up 19.86% 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 Herbalife Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.02
 Parameters
Time Period1 Month [change]
DirectionNegative MTEX Moved Down vs HLF
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between MTEX and HLF
    
    
 
       
Predicted Return Density
Expected Daily Returns   
HLF  MTEX  

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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Herbalife Ltd.

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