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SP 500   1,651   4.84  Index Moved Down -0.29%
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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 PS Business Parks Inc.  vs   BCE Inc.
 Compare Fundamentals  
Daily Returns (%)
BCE   PSB   
 
Considering 30-days investment horizon, PS Business Parks Inc is expected to generate 1.35 times more return on investment than BCE Inc. However, PS Business is 1.35 times more volatile than BCE Inc. It trades about 0.34 of its potential returns per unit of risk. BCE Inc is currently generating about 0.09 per unit of risk. If you would invest  7,792  in PS Business Parks Inc on April 23, 2013 and sell it today you would earn a total of  613  from holding PS Business Parks Inc or generate 7.87% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding PS Business Parks Inc. and BCE Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.39
Parameters
Time Period1 Month [change]
DirectionPositive BCE Moved Up vs PSB
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
BCE   PSB   

PS Business Parks Inc

 
    
PS Business
Performance
17
Out Of
100
Over 30
Days
83% of all equities and portfolios perform better than PS Business Parks Inc. Compared with the overall equity markets, risk-adjusted returns on investments in PS Business Parks Inc are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for PS Business

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BCE Inc

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

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