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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 SigmaAldrich Corp.  vs   Tiffany & Co.
 Compare Fundamentals  
Daily Returns (%)
SIAL   TIF   
 
Given investment horizon of 30 days, SigmaAldrich is expected to generate 1.19 times less return on investment than Tiffany. In addition to that, SigmaAldrich is 1.25 times more volatile than Tiffany Co. It trades about 0.54 of its total potential returns per unit of risk. Tiffany Co is currently generating about 0.81 per unit of volatility. If you would invest  7,106  in Tiffany Co on April 19, 2013 and sell it today you would earn a total of  694  from holding Tiffany Co or generate 9.77% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding SigmaAldrich Corp. and Tiffany & Co. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.33
Parameters
Time Period1 Month [change]
DirectionPositive TIF Moved Up vs SIAL
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SIAL   TIF   

SigmaAldrich Corporation

 
    
SigmaAldrich
Performance
29
Out Of
100
Over 30
Days
71% of all equities and portfolios perform better than SigmaAldrich Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in SigmaAldrich Corporation are ranked lower than 29 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for SigmaAldrich

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Tiffany Co

 
    
Tiffany
Performance
44
Out Of
100
Over 30
Days
56% of all equities and portfolios perform better than Tiffany Co. Compared with the overall equity markets, risk-adjusted returns on investments in Tiffany Co are ranked lower than 44 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Tiffany

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