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US Market Closed: May 26, 16:46 PM 2012  
FNMFO KDDIF 096770 AAPL AMKBF XOM 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for ONMOBILE and TRF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 OnMobile Global Ltd.  and   TRF Ltd.
Check Correlation Matrix  
Daily Returns (%)
TRF  ONMOBILE  
Timeline
Assuming 30 trading days horizon, OnMobile Global Ltd. is expected to under-perform the TRF Ltd. In addition to that, OnMobile is 1.05 times more volatile than TRF Ltd.. It trades about -0.29 of its total potential returns per unit of risk. TRF Ltd. is currently generating about -0.2 per unit of volatility. If you would invest 29,400 in TRF Ltd. on April 26, 2012 and sell it today you would lose (1,760) from holding TRF Ltd. or give up 5.99% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding OnMobile Global Ltd. and TRF Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.03
 Parameters
Time Period1 Month [change]
DirectionNegative ONMOBILE.BO Moved Down vs TRF.BO
StrengthInsignificant
Accuracy83.33%
ValuesDaily Returns
    
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Share Share Correlation between ONMOBILE and TRF
    
    
 
       
Predicted Return Density
Expected Daily Returns   
TRF  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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TRF Ltd.

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