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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 PG&E Corp.  vs   Bunge Limited
 Compare Fundamentals  
Daily Returns (%)
BG   PCG   
 
Considering 30-days investment horizon, PG E Corp is expected to under-perform the Bunge. But the stock apears to be less risky and, when comparing its historical volatility, PG E Corp is 1.67 times less risky than Bunge. The stock trades about -0.07 of its potential returns per unit of risk. The Bunge Limited is currently generating about 0.11 of returns per unit of risk over similar time horizon. If you would invest  6,830  in Bunge Limited on April 23, 2013 and sell it today you would earn a total of  340.00  from holding Bunge Limited or generate 4.98% return on investment over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding PG&E Corp. and Bunge Limited in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.21
Parameters
Time Period1 Month [change]
DirectionPositive BG Moved Up vs PCG
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
BG   PCG   

PG E Corp

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

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Bunge Limited

 
    
Bunge
Performance
5
Out Of
100
Over 30
Days
95% of all equities and portfolios perform better than Bunge Limited. Compared with the overall equity markets, risk-adjusted returns on investments in Bunge Limited are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Bunge

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