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)