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SP 500   1,648   7.83  Index Moved Down -0.47%
OXDPAM OXATRA RUS LUKN Education Advertising Cars Healthcare 
United States GSPC USD ...  |  Investing Themes


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Collecting data for NKE and ^GSPC ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Nike Inc.  vs   S&P 500
Check Correlation Matrix  
Daily Returns (%)
GSPC   NKE   
 
Considering 30-days investment horizon, Nike is expected to generate 1.05 times less return on investment than SP 500. In addition to that, Nike is 1.82 times more volatile than S&P 500. It trades about 0.2 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.39 per unit of volatility. If you would invest  157,879  in S&P 500 on April 23, 2013 and sell it today you would earn a total of  7,656  from holding S&P 500 or generate 4.85% return on investment over 30 days.

Diversification

Poor diversification
Overlapping area represents amount of risk that can be diversified away by holding Nike Inc. and S&P 500 in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.72
Parameters
Time Period1 Month [change]
DirectionPositive ^GSPC Moved Up vs NKE
StrengthSignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
GSPC   NKE   

Nike Inc

 
    
Nike
Performance
10
Out Of
100
Over 30
Days
90% of all equities and portfolios perform better than Nike Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Nike Inc are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
    

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S&P 500

 
    
SP 500
Performance
20
Out Of
100
Over 30
Days
    

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