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Investment horizon:

30 Days Login to change

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QUALCOMM Incorporated vs Sonus Networks Inc.

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Daily Returns (%)

SONS

QCOM

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Timeline

Given investment horizon of 30 days, QUALCOMM is expected to generate 4.0 times less return on investment than Sonus. But when comparing it to its historical volatility, QUALCOMM Incorporated is 2.44 times less risky than Sonus. It trades about 0.15 of its potential returns per unit of risk. Sonus Networks Inc is currently generating about 0.25 of returns per unit of risk over similar time horizon. If you would invest 211.00 in Sonus Networks Inc on April 18, 2013 and sell it today you would earn a total of 42.00 from holding Sonus Networks Inc or generate 19.91% return on investment over 30 days.

Diversification

Very good diversification

Overlapping area represents amount of risk that can be diversified away by holding QUALCOMM Incorporated and Sonus Networks Inc. in the same portfolio assuming nothing else is changed

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Correlation Coefficient

-0.28

Parameters

Time Period	1 Month [change]
Direction	Negative
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

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Predicted Return Density

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Returns

SONS

QCOM

QUALCOMM Incorporated

Alpha

Profile

QUALCOMM

Performance

8	Out Of 100

Over 30

Days

92% of all equities and portfolios perform better than QUALCOMM Incorporated. Compared with the overall equity markets, risk-adjusted returns on investments in QUALCOMM Incorporated are ranked lower than 8 (%) of all global equities and portfolios over the last 30 days.

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Sonus Networks Inc