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Collecting data for MYMNF and SUGYF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Moly Mines Ltd.  and   SURE ENERGY INC
Check Correlation Matrix  
Daily Returns (%)
MYMNF  SUGYF  
Timeline
Assuming 30 trading days horizon, Moly Mines Ltd. is expected to generate 0.81 times more return on investment than SURE. However, Moly Mines Ltd. is 1.23 times less risky than SURE. It trades about -0.21 of its potential returns per unit of risk. SURE ENERGY INC is currently generating about -0.36 per unit of risk. If you would invest 20.00 in Moly Mines Ltd. on April 26, 2012 and sell it today you would lose (3.00) from holding Moly Mines Ltd. or give up 15.0% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

-0.08
 Parameters
Time Period1 Month [change]
DirectionNegative MYMNF.PK Moved Down vs SUGYF.PK
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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 Share Correlation between MYMNF and SUGYF 
Share Share Correlation between MYMNF and SUGYF
    
    
 
       
Predicted Return Density
Expected Daily Returns   
MYMNF  SUGYF  

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.
    
    
Federal National Mortgage Association vs. Moly Mines Ltd.
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SK Innovation vs. Moly Mines Ltd.
A.P. M vs. Moly Mines Ltd.
Citigroup Inc. vs. Moly Mines Ltd.
AngloGold Ashanti Ltd. vs. Moly Mines Ltd.
  

SURE ENERGY INC

 
    
    
SURE
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days SURE ENERGY INC has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Federal National Mortgage Association vs. SURE ENERGY INC
KDDI CORP vs. SURE ENERGY INC
SK Innovation vs. SURE ENERGY INC
A.P. M vs. SURE ENERGY INC
Citigroup Inc. vs. SURE ENERGY INC
AngloGold Ashanti Ltd. vs. SURE ENERGY INC
       


 

 
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