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US Market Closed: May 26, 20:32 PM 2012  
ITW CMI IR DOV KUB PLL 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for RDEN and CAW ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Elizabeth Arden Inc.  and   CCA Industries Inc.
Check Correlation Matrix  
Daily Returns (%)
CAW  RDEN  
Timeline
Given investment horizon of 30 days, Elizabeth Arden Inc. is expected to generate 0.87 times more return on investment than CCA Industri. However, Elizabeth Arden Inc. is 1.15 times less risky than CCA Industri. It trades about -0.32 of its potential returns per unit of risk. CCA Industries Inc. is currently generating about -0.29 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

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

Correlation Coefficient

-0.1
 Parameters
Time Period1 Month [change]
DirectionNegative RDEN Moved Down vs CAW
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
CAW  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.
  

CCA Industries Inc.

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


 

 
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