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Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 PIMCO Total Return Admin  vs   Fidelity Advisor High Income A
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Daily Returns (%)
PTRAX   FAHCX   
 
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Assuming 30 trading days horizon, PIMCO Total Return Admin is expected to generate about the same return on investment as Fidelity Advisor High Income Advantage I.But, PIMCO Total Return Admin is 1.33 times less risky than Fidelity. It trades about -0.46 of its potential returns per unit of risk. Fidelity Advisor High Income Advantage I is currently generating about -0.34 per unit of risk. If you would invest  1,018  in Fidelity Advisor High Income Advantage I on May 20, 2013 and sell it today you would lose (23.00) from holding Fidelity Advisor High Income Advantage I or give up 2.26% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding PIMCO Total Return Admin and Fidelity Advisor High Income A in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.19
Parameters
Time Period1 Month [change]
DirectionNegative PTRAX Moved Down vs FAHCX
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
PTRAX   FAHCX   

PIMCO Total Return Admin

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

Match-ups for PIMCO

PIMCO Total Return Instl vs. PIMCO Total Return Admin
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PIMCO Total Return R vs. PIMCO Total Return Admin
PIMCO Total Return A vs. PIMCO Total Return Admin
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Vanguard Total Bond Market Index Adm vs. PIMCO Total Return Admin
  

Fidelity Advisor High Income Advantage I

 
    
Fidelity
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Fidelity Advisor High Income Advantage I has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for Fidelity

American Funds American Hi Inc Tr A vs. Fidelity Advisor High Income Advantage I


 
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