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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Sonic Automotive Inc.  vs   Copart Inc.
 Compare Fundamentals  
Daily Returns (%)
CPRT   SAH   
 
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Considering 30-days investment horizon, Sonic Automotive Inc is expected to generate 0.69 times more return on investment than Copart. However, Sonic Automotive Inc is 1.46 times less risky than Copart. It trades about -0.22 of its potential returns per unit of risk. Copart Inc is currently generating about -0.3 per unit of risk. If you would invest  2,304  in Sonic Automotive Inc on May 21, 2013 and sell it today you would lose (124.00) from holding Sonic Automotive Inc or give up 5.38% of portfolio value over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Sonic Automotive Inc. and Copart Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.3
Parameters
Time Period1 Month [change]
DirectionPositive CPRT Moved Up vs SAH
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
CPRT   SAH   

Sonic Automotive Inc

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

Match-ups for Sonic

AutoNation Inc vs. Sonic Automotive Inc
Copart Inc vs. Sonic Automotive Inc
  

Copart Inc

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

Match-ups for Copart

AutoNation Inc vs. Copart Inc
Sonic Automotive Inc vs. Copart Inc


 
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