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WFT CFP SJ NBD IT Aggressive Long-Short Software 
Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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Collecting data for PZE and E ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Petrobras Argentina SA  vs   Eni SpA
 Compare Fundamentals  
Daily Returns (%)
PZE   E   
 
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Considering 30-days investment horizon, Petrobras Argentina SA is expected to under-perform the Eni SPA. In addition to that, Petrobras is 1.33 times more volatile than Eni SpA. It trades about -0.35 of its total potential returns per unit of risk. Eni SpA is currently generating about -0.31 per unit of volatility. If you would invest  4,731  in Eni SpA on May 20, 2013 and sell it today you would lose (361.00) from holding Eni SpA or give up 7.63% of portfolio value over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Petrobras Argentina SA and Eni SpA in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.32
Parameters
Time Period1 Month [change]
DirectionPositive E Moved Up vs PZE
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
PZE   E   

Petrobras Argentina SA

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

Match-ups for Petrobras

Exxon Mobil Corporation vs. Petrobras Argentina SA
Royal Dutch Shell plc vs. Petrobras Argentina SA
BP plc vs. Petrobras Argentina SA
Ecopetrol SA vs. Petrobras Argentina SA
  

Eni SpA

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

Match-ups for Eni SPA

Exxon Mobil Corporation vs. Eni SpA
Royal Dutch Shell plc vs. Eni SpA
BP plc vs. Eni SpA
Ecopetrol SA vs. Eni SpA


 
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