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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
 
 EchoStar Corp.  vs   Aastra Technologies Ltd.
 Compare Fundamentals  
Daily Returns (%)
SATS   AAH   
 
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Given investment horizon of 30 days, EchoStar Corp is expected to under-perform the Aastra. But the stock apears to be less risky and, when comparing its historical volatility, EchoStar Corp is 1.08 times less risky than Aastra. The stock trades about -0.04 of its potential returns per unit of risk. The Aastra Technologies Ltd is currently generating about 0.5 of returns per unit of risk over similar time horizon. If you would invest  1,820  in Aastra Technologies Ltd on May 20, 2013 and sell it today you would earn a total of  241.00  from holding Aastra Technologies Ltd or generate 13.24% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding EchoStar Corp. and Aastra Technologies Ltd. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.12
Parameters
Time Period1 Month [change]
DirectionPositive AAH.TO Moved Up vs SATS
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
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Returns   
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EchoStar Corp

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

Match-ups for EchoStar

QUALCOMM Incorporated vs. EchoStar Corp
Nokia Corporation vs. EchoStar Corp
Harris Corporation vs. EchoStar Corp
JDS Uniphase Corporation vs. EchoStar Corp
ViaSat Inc vs. EchoStar Corp
Arris Enterprises Inc vs. EchoStar Corp
  

Aastra Technologies Ltd

 
    
Aastra
Performance
27
Out Of
100
Over 30
Days
73% of all equities and portfolios perform better than Aastra Technologies Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Aastra Technologies Ltd are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.
    


 
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