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Investment horizon:

30 Days Login to change

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Pandora Media Inc. vs Salem Communications Corp.

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Daily Returns (%)

SALM

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Taking into account 30 trading days horizon, Pandora Media Inc is expected to generate 0.79 times more return on investment than Salem. However, Pandora Media Inc is 1.27 times less risky than Salem. It trades about 0.37 of its potential returns per unit of risk. Salem Communications Corp is currently generating about -0.22 per unit of risk. If you would invest 1,388 in Pandora Media Inc on April 24, 2013 and sell it today you would earn a total of 328.00 from holding Pandora Media Inc or generate 23.63% return on investment over 30 days.

Diversification

Very good diversification

Overlapping area represents amount of risk that can be diversified away by holding Pandora Media Inc. and Salem Communications Corp. in the same portfolio assuming nothing else is changed

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Correlation Coefficient

-0.21

Parameters

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

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Returns

SALM

Pandora Media Inc

Alpha

Profile

Pandora

Performance

20	Out Of 100

Over 30

Days

80% of all equities and portfolios perform better than Pandora Media Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Pandora Media Inc are ranked lower than 20 (%) of all global equities and portfolios over the last 30 days.

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Match-ups for Pandora

SIRIUS XM Radio Inc vs. Pandora Media Inc

Cumulus Media Inc vs. Pandora Media Inc

Entercom Communications Corp vs. Pandora Media Inc

Saga Communications Inc vs. Pandora Media Inc

Salem Communications Corp vs. Pandora Media Inc

Beasley Broadcast Group Inc vs. Pandora Media Inc

Radio One Inc vs. Pandora Media Inc

Emmis Communications Corp vs. Pandora Media Inc

Spanish Broadcasting System Inc vs. Pandora Media Inc

Salem Communications Corp

Alpha

Profile

Salem

Performance

0	Out Of 100

Over 30

Days

Over the last 30 days Salem Communications Corp has generated negative risk-adjusted returns adding no value to investors with long positions.

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Match-ups for Salem

SIRIUS XM Radio Inc vs. Salem Communications Corp

Cumulus Media Inc vs. Salem Communications Corp

Entercom Communications Corp vs. Salem Communications Corp

Saga Communications Inc vs. Salem Communications Corp

Beasley Broadcast Group Inc vs. Salem Communications Corp

Radio One Inc vs. Salem Communications Corp

Emmis Communications Corp vs. Salem Communications Corp

Spanish Broadcasting System Inc vs. Salem Communications Corp

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