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US Market Closed: May 26, 16:45 PM 2012  
VTINX PARIX TRRIX RRTIX FFFAX FFKAX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for ONMOBILE and MGNS ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 OnMobile Global Ltd.  and   Morgan Sindall Group PLC
Check Correlation Matrix  
Daily Returns (%)
MGNS  ONMOBILE  
Timeline
Assuming 30 trading days horizon, OnMobile Global Ltd. is expected to under-perform the Morgan. In addition to that, OnMobile is 1.71 times more volatile than Morgan Sindall Group PLC. It trades about -0.29 of its total potential returns per unit of risk. Morgan Sindall Group PLC is currently generating about -0.04 per unit of volatility. If you would invest 67,950 in Morgan Sindall Group PLC on April 26, 2012 and sell it today you would lose (950) from holding Morgan Sindall Group PLC or give up 1.4% of portfolio value over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding OnMobile Global Ltd. and Morgan Sindall Group PLC in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.43
 Parameters
Time Period1 Month [change]
DirectionNegative ONMOBILE.BO Moved Down vs MGNS.L
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between ONMOBILE and MGNS
    
    
 
       
Predicted Return Density
Expected Daily Returns   
MGNS  ONMOBILE  

OnMobile Global Ltd.

 
    
    
OnMobile
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days OnMobile Global Ltd. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Tata Communications Ltd. vs. OnMobile Global Ltd.
China Unicom (Hong Kong) Limited vs. OnMobile Global Ltd.
  

Morgan Sindall Group PLC

 
    
    
Morgan
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Morgan Sindall Group PLC has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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