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Collecting data for SAP and VMW ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 SAP AG  vs   VMware Inc.
 Compare Fundamentals  
Daily Returns (%)
SAP   VMW   
 
Considering 30-days investment horizon, S A P is expected to generate 1.19 times less return on investment than VMware. But when comparing it to its historical volatility, SAP AG is 1.59 times less risky than VMware. It trades about 0.27 of its potential returns per unit of risk. VMware Inc is currently generating about 0.2 of returns per unit of risk over similar time horizon. If you would invest  7,379  in VMware Inc on April 19, 2013 and sell it today you would earn a total of  516  from holding VMware Inc or generate 6.99% return on investment over 30 days.

Diversification

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

Correlation Coefficient

-0.04
Parameters
Time Period1 Month [change]
DirectionNegative SAP Moved Down vs VMW
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SAP   VMW   

SAP AG

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

Match ups for S A P

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VMware Inc

 
    
VMware
Performance
10
Out Of
100
Over 30
Days
90% of all equities and portfolios perform better than VMware Inc. Compared with the overall equity markets, risk-adjusted returns on investments in VMware Inc are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for VMware

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