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US Market Closed: May 26, 15:27 PM 2012  
LEVMIB DJLEV XBRMIB BXX DES2 CL2 
 
 
  NYSE  7,534  18.032  Index Moved Down 



Processing
Collecting data for NKTR and GNBT ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Nektar Therapeutics  and   Generex Biotechnology Corp.
Check Correlation Matrix  
Daily Returns (%)
GNBT  NKTR  
Timeline
Given investment horizon of 30 days, Nektar Therapeutics is expected to under-perform the Generex. But the stock apears to be less risky and, when comparing its historical volatility, Nektar Therapeutics is 1.64 times less risky than Generex. The stock trades about -0.17 of its potential returns per unit of risk. The Generex Biotechnology Corporation is currently generating about -0.07 of returns per unit of risk over similar time horizon. If you would invest 10.00 in Generex Biotechnology Corporation on April 26, 2012 and sell it today you would earn a total of 0.00 from holding Generex Biotechnology Corporation or generate 0.0% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Nektar Therapeutics and Generex Biotechnology Corp. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.09
 Parameters
Time Period1 Month [change]
DirectionPositive GNBT Moved Up vs NKTR
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
GNBT  NKTR  

Nektar Therapeutics

 
    
    
Nektar
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Nektar Therapeutics has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Generex Biotechnology Corporation

 
    
    
Generex
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Generex Biotechnology Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
PIMCO Total Return Admin vs. Generex Biotechnology Corporation
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PIMCO Total Return R vs. Generex Biotechnology Corporation
PIMCO Total Return P vs. Generex Biotechnology Corporation
PIMCO Total Return Instl vs. Generex Biotechnology Corporation
       


 

 
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