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Investment horizon:

30 Days Login to change

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Quality Systems Inc. vs CogState Limited

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Daily Returns (%)

CGS

QSII

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Given investment horizon of 30 days, Quality Systems Inc is expected to generate 0.32 times more return on investment than CogState. However, Quality Systems Inc is 3.16 times less risky than CogState. It trades about 0.35 of its potential returns per unit of risk. CogState Limited is currently generating about -0.2 per unit of risk. If you would invest 1,743 in Quality Systems Inc on April 21, 2013 and sell it today you would earn a total of 140.00 from holding Quality Systems Inc or generate 8.03% return on investment over 30 days.

Diversification

Very good diversification

Overlapping area represents amount of risk that can be diversified away by holding Quality Systems Inc. and CogState Limited in the same portfolio assuming nothing else is changed

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Correlation Coefficient

-0.25

Parameters

Time Period	1 Month [change]
Direction	Negative
Strength	Insignificant
Accuracy	80.95%
Values	Daily Returns

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Predicted Return Density

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Returns

CGS

QSII

Quality Systems Inc

Alpha

Profile

Quality

Performance

19	Out Of 100

Over 30

Days

81% of all equities and portfolios perform better than Quality Systems Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Quality Systems Inc are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days.

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CogState Limited

Alpha

Profile

CogState

Performance

0	Out Of 100

Over 30

Days

Over the last 30 days CogState Limited has generated negative risk-adjusted returns adding no value to investors with long positions.

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