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US Market Closed: May 26, 17:46 PM 2012  
CIRAX CAIBX CIBBX RIRBX CIREX CIBFX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for MYMNF and IDIX ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Moly Mines Ltd.  and   Idenix Pharmaceuticals Inc.
Check Correlation Matrix  
Daily Returns (%)
MYMNF  IDIX  
Timeline
Assuming 30 trading days horizon, Moly Mines Ltd. is expected to under-perform the Idenix. But the otc stock apears to be less risky and, when comparing its historical volatility, Moly Mines Ltd. is 1.4 times less risky than Idenix. The otc stock trades about -0.21 of its potential returns per unit of risk. The Idenix Pharmaceuticals Inc. is currently generating about 0.17 of returns per unit of risk over similar time horizon. If you would invest 855 in Idenix Pharmaceuticals Inc. on April 26, 2012 and sell it today you would earn a total of 113.00 from holding Idenix Pharmaceuticals Inc. or generate 13.22% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Moly Mines Ltd. and Idenix Pharmaceuticals Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.33
 Parameters
Time Period1 Month [change]
DirectionNegative MYMNF.PK Moved Down vs IDIX
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
MYMNF  IDIX  

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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Idenix Pharmaceuticals Inc.

 
    
    
Idenix
Performance
6
Out Of
100
Over 30
Days
94% of all equities and portfolios perform better than Idenix Pharmaceuticals Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in Idenix Pharmaceuticals Inc. are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
    
    
Amgen Inc. vs. Idenix Pharmaceuticals Inc.
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Biogen Idec Inc. vs. Idenix Pharmaceuticals Inc.
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Vertex Pharmaceuticals Incorporated vs. Idenix Pharmaceuticals Inc.
       


 

 
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