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US Market Closed: May 26, 17:46 PM 2012  
RWMFX RWMEX CWMAX AWSHX CWMBX WSHCX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for MYMNF and AEIS ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Moly Mines Ltd.  and   Advanced Energy Industries Inc
Check Correlation Matrix  
Daily Returns (%)
MYMNF  AEIS  
Timeline
Assuming 30 trading days horizon, Moly Mines Ltd. is expected to under-perform the Advanced. In addition to that, Moly is 1.1 times more volatile than Advanced Energy Industries Inc.. It trades about -0.21 of its total potential returns per unit of risk. Advanced Energy Industries Inc. is currently generating about 0.19 per unit of volatility. If you would invest 1,223 in Advanced Energy Industries Inc. on April 26, 2012 and sell it today you would earn a total of 146.00 from holding Advanced Energy Industries Inc. or generate 11.94% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Moly Mines Ltd. and Advanced Energy Industries Inc in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.15
 Parameters
Time Period1 Month [change]
DirectionNegative MYMNF.PK Moved Down vs AEIS
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
MYMNF  AEIS  

Moly Mines Ltd.

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

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