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US Market Closed: May 26, 20:32 PM 2012  
BTI MO RAI LO VGR 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for RDEN and AVP ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Elizabeth Arden Inc.  and   Avon Products Inc.
Check Correlation Matrix  
Daily Returns (%)
AVP  RDEN  
Timeline
Given investment horizon of 30 days, Elizabeth Arden Inc. is expected to generate 0.4 times more return on investment than Avon. However, Elizabeth Arden Inc. is 2.53 times less risky than Avon. It trades about -0.32 of its potential returns per unit of risk. Avon Products Inc. is currently generating about -0.28 per unit of risk. If you would invest 3,948 in Elizabeth Arden Inc. on April 26, 2012 and sell it today you would lose (426.00) from holding Elizabeth Arden Inc. or give up 10.79% of portfolio value over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Elizabeth Arden Inc. and Avon Products Inc. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.08
 Parameters
Time Period1 Month [change]
DirectionPositive AVP Moved Up vs RDEN
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
AVP  RDEN  

Elizabeth Arden Inc.

 
    
    
Elizabeth
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Elizabeth Arden Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Procter & Gamble vs. Elizabeth Arden Inc.
ColgatePalmolive vs. Elizabeth Arden Inc.
KimberlyClark Corporation vs. Elizabeth Arden Inc.
Estee Lauder Companies Inc. vs. Elizabeth Arden Inc.
Avon Products Inc. vs. Elizabeth Arden Inc.
Energizer Holdings Inc. vs. Elizabeth Arden Inc.
  

Avon Products Inc.

 
    
    
Avon
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Avon Products Inc. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Procter & Gamble vs. Avon Products Inc.
ColgatePalmolive vs. Avon Products Inc.
KimberlyClark Corporation vs. Avon Products Inc.
Estee Lauder Companies Inc. vs. Avon Products Inc.
Energizer Holdings Inc. vs. Avon Products Inc.
Nu Skin Enterprises Inc. vs. Avon Products Inc.
       


 

 
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