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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Collecting data for PRKR and ^GSPC ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Parkervision Inc.  vs   S&P 500
Check Correlation Matrix  
Daily Returns (%)
GSPC   PRKR   
 
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Given investment horizon of 30 days, Parkervision Inc is expected to under-perform the SP 500. In addition to that, Parkervision is 2.74 times more volatile than S&P 500. It trades about -0.12 of its total potential returns per unit of risk. S&P 500 is currently generating about -0.12 per unit of volatility. If you would invest  165,535  in S&P 500 on May 21, 2013 and sell it today you would lose (2,642) from holding S&P 500 or give up 1.6% of portfolio value over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Parkervision Inc. and S&P 500 in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.55
Parameters
Time Period1 Month [change]
DirectionPositive ^GSPC Moved Up vs PRKR
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
GSPC   PRKR   

Parkervision Inc

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

Match-ups for Parkervision

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S&P 500

 
    
SP 500
Performance
0
Out Of
100
Over 30
Days
    

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