Macroaxis: Personalized Investing
Simple Personalized Investing

UHS THC CYH HMA Government Plastics Copper 
Benchmark SP 500  1,651   4.84  Index Moved Down -0.29% ...


Processing
Collecting data for OXY and BBY ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Occidental Petroleum Corp.  vs   Best Buy Co. Inc.
 Compare Fundamentals  
Daily Returns (%)
BBY   OXY   
 
Considering 30-days investment horizon, Occidental is expected to generate 1.48 times less return on investment than Best. But when comparing it to its historical volatility, Occidental Petroleum Corporation is 2.05 times less risky than Best. It trades about 0.25 of its potential returns per unit of risk. Best Buy Co Inc is currently generating about 0.18 of returns per unit of risk over similar time horizon. If you would invest  2,414  in Best Buy Co Inc on April 24, 2013 and sell it today you would earn a total of  215.00  from holding Best Buy Co Inc or generate 8.91% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Occidental Petroleum Corp. and Best Buy Co. Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.35
Parameters
Time Period1 Month [change]
DirectionPositive BBY Moved Up vs OXY
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
Follow Correlation between OXY and BBY with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Add To Reader
 
Add Correlation between OXY and BBY to your reader
 
Share Correlation between OXY and BBY 
Find Opportunities
 
Predicted Return Density
 
Returns   
BBY   OXY   

Occidental Petroleum Corporation

 
    
Occidental
Performance
13
Out Of
100
Over 30
Days
87% of all equities and portfolios perform better than Occidental Petroleum Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Occidental Petroleum Corporation are ranked lower than 13 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Occidental

Exxon Mobil Corporation vs. Occidental Petroleum Corporation
Chevron Corporation vs. Occidental Petroleum Corporation
Royal Dutch Shell plc vs. Occidental Petroleum Corporation
PetroChina Co Ltd vs. Occidental Petroleum Corporation
BP plc vs. Occidental Petroleum Corporation
Total SA vs. Occidental Petroleum Corporation
China Petroleum Chemical Corp vs. Occidental Petroleum Corporation
Ecopetrol SA vs. Occidental Petroleum Corporation
Eni SpA vs. Occidental Petroleum Corporation
  

Best Buy Co Inc

 
    
Best
Performance
9
Out Of
100
Over 30
Days
91% of all equities and portfolios perform better than Best Buy Co Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Best Buy Co Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Best

GameStop Corp vs. Best Buy Co Inc
Conns Inc vs. Best Buy Co Inc
hhgregg Inc vs. Best Buy Co Inc
RadioShack Corp vs. Best Buy Co Inc
Simplepons Inc vs. Best Buy Co Inc


 
Analytics
Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder
 
 
Research Modules
Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management
 Gadgets, Widgets, and Apps          
  
 
Services And Technology
Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing
 
Free Investor Tools
World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis
 
About Us
About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities
Content

Thanks for checking out Macroaxis

Tell us what you like and what you don't like. We promise we'll not only listen but write you back

Contact Us
Macroaxis is user-driven community of investors. We appreciate any feedback or comment you can provide. Please fill out our quick survey to help us provide your with a better service and user experience

Fill Out Quick Survey
Most of the functionality on our site is free to use. However we do provide premium service to sophisticated investors. Our premium subscription will give you unprecedented capabilities to optimize your portfolios using robust financial analysis toolkit, fast mean-variance optimization engine, and proven portfolio theory

Go Premium