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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Collecting data for SAP and GOOG ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 SAP AG  vs   Google Inc.
 Compare Fundamentals  
Daily Returns (%)
SAP   GOOG   
 
Considering 30-days investment horizon, SAP AG is expected to under-perform the Google. In addition to that, S A P is 1.02 times more volatile than Google Inc. It trades about -0.11 of its total potential returns per unit of risk. Google Inc is currently generating about 0.27 per unit of volatility. If you would invest  80,142  in Google Inc on April 25, 2013 and sell it today you would earn a total of  7,190  from holding Google Inc or generate 8.97% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding SAP AG and Google Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.54
Parameters
Time Period1 Month [change]
DirectionPositive GOOG Moved Up vs SAP
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SAP   GOOG   

SAP AG

 
    
S A P
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days SAP AG has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for S A P

Microsoft Corporation vs. SAP AG
Oracle Corporation vs. SAP AG
salesforce inc vs. SAP AG
Adobe Systems Inc vs. SAP AG
Intuit Inc vs. SAP AG
Red Hat Inc vs. SAP AG
VeriSign Inc vs. SAP AG
BMC Software Inc vs. SAP AG
F5 Networks Inc vs. SAP AG
  

Google Inc

 
    
Google
Performance
14
Out Of
100
Over 30
Days
86% of all equities and portfolios perform better than Google Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Google Inc are ranked lower than 14 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Google

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