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Collecting data for PDS and RNO ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Precision Drilling Corp.  vs   Renault Soci
 Compare Fundamentals  
Daily Returns (%)
RNO   PDS   
 
Considering 30-days investment horizon, Precision is expected to generate 4.08 times less return on investment than Renault. But when comparing it to its historical volatility, Precision Drilling Corporation is 1.21 times less risky than Renault. It trades about 0.2 of its potential returns per unit of risk. Renault Soci is currently generating about 0.68 of returns per unit of risk over similar time horizon. If you would invest  4,949  in Renault Soci on April 21, 2013 and sell it today you would earn a total of  1,180  from holding Renault Soci or generate 23.84% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Precision Drilling Corp. and Renault Soci in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.36
Parameters
Time Period1 Month [change]
DirectionPositive RNO.PA Moved Up vs PDS
StrengthVery Weak
Accuracy85.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
RNO   PDS   

Precision Drilling Corporation

 
    
Precision
Performance
10
Out Of
100
Over 30
Days
90% of all equities and portfolios perform better than Precision Drilling Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Precision Drilling Corporation are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Precision

Schlumberger Limited vs. Precision Drilling Corporation
Halliburton Company vs. Precision Drilling Corporation
National Oilwell Varco Inc vs. Precision Drilling Corporation
Baker Hughes Incorporated vs. Precision Drilling Corporation
Cameron International Corporation vs. Precision Drilling Corporation
FMC Technologies Inc vs. Precision Drilling Corporation
Weatherford International Ltd vs. Precision Drilling Corporation
Core Laboratories NV vs. Precision Drilling Corporation
Oceaneering International Inc vs. Precision Drilling Corporation
MDU Resources Group Inc vs. Precision Drilling Corporation
  

Renault Soci

 
    
Renault
Performance
36
Out Of
100
Over 30
Days
64% of all equities and portfolios perform better than Renault Soci. Compared with the overall equity markets, risk-adjusted returns on investments in Renault Soci are ranked lower than 36 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Renault

Ford Motor Co vs. Renault Soci
Fiat SpA vs. Renault Soci
Peugeot SA vs. Renault Soci
PGO Automobiles SA vs. Renault Soci


 
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