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TATAMOTORS TATAMOTOR MNM BAJAJAUT Synthetics Farming Alcohol Currency 
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
 
 Quantum Corp.  vs   DryShips Inc.
 Compare Fundamentals  
Daily Returns (%)
QTM   DRYS   
 
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Considering 30-days investment horizon, Quantum Corporation is expected to generate 0.63 times more return on investment than DryShips. However, Quantum Corporation is 1.59 times less risky than DryShips. It trades about -0.25 of its potential returns per unit of risk. DryShips Inc is currently generating about -0.25 per unit of risk. If you would invest  156.00  in Quantum Corporation on May 19, 2013 and sell it today you would lose (17.00) from holding Quantum Corporation or give up 10.9% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Quantum Corp. and DryShips Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.01
Parameters
Time Period1 Month [change]
DirectionNegative QTM Moved Down vs DRYS
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
QTM   DRYS   

Quantum Corporation

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

Match-ups for Quantum

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DryShips Inc

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

Match-ups for DryShips

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Costamare Inc vs. DryShips Inc


 
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