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Investment horizon:

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National Oilwell Varco Inc. vs Eli Lilly and Company

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Daily Returns (%)

NOV

LLY

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Considering 30-days investment horizon, National Oilwell Varco Inc is expected to generate 0.91 times more return on investment than Eli Lilly. However, National Oilwell Varco Inc is 1.09 times less risky than Eli Lilly. It trades about 0.29 of its potential returns per unit of risk. Eli Lilly and Company is currently generating about -0.15 per unit of risk. If you would invest 6,620 in National Oilwell Varco Inc on April 21, 2013 and sell it today you would earn a total of 397.00 from holding National Oilwell Varco Inc or generate 6.0% return on investment over 30 days.

Diversification

Good diversification

Overlapping area represents amount of risk that can be diversified away by holding National Oilwell Varco Inc. and Eli Lilly and Company in the same portfolio assuming nothing else is changed

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Correlation Coefficient

-0.09

Parameters

Time Period	1 Month [change]
Direction	Negative
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

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Returns

NOV

LLY

National Oilwell Varco Inc

Alpha

Profile

National

Performance

15	Out Of 100

Over 30

Days

85% of all equities and portfolios perform better than National Oilwell Varco Inc. Compared with the overall equity markets, risk-adjusted returns on investments in National Oilwell Varco Inc are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.

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