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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
 
 Renault Soci  vs   Moodys Corp.
 Compare Fundamentals  
Daily Returns (%)
RNO   MCO   
 
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Assuming 30 trading days horizon, Renault Soci is expected to generate 1.17 times more return on investment than Moodys. However, Renault is 1.17 times more volatile than Moodys Corp. It trades about -0.19 of its potential returns per unit of risk. Moodys Corp is currently generating about -0.25 per unit of risk. If you would invest  6,227  in Renault Soci on May 19, 2013 and sell it today you would lose (499.00) from holding Renault Soci or give up 8.01% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

-0.11
Parameters
Time Period1 Month [change]
DirectionNegative RNO.PA Moved Down vs MCO
StrengthInsignificant
Accuracy95.24%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
RNO   MCO   

Renault Soci

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

Match-ups for Renault

Peugeot SA vs. Renault Soci
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Moodys Corp

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

Match-ups for Moodys

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athenahealth Inc vs. Moodys Corp


 
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