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US Market Closed: May 26, 19:36 PM 2012  
AU ABX ABX G GG NEM 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for SLXP and G ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Salix Pharmaceuticals Ltd.  and   Genpact Ltd.
Check Correlation Matrix  
Daily Returns (%)
 SLXP  
Timeline
Given investment horizon of 30 days, Salix Pharmaceuticals Ltd. is expected to generate 2.07 times more return on investment than Genpact. However, Salix is 2.07 times more volatile than Genpact Ltd.. It trades about 0.07 of its potential returns per unit of risk. Genpact Ltd. is currently generating about -0.04 per unit of risk. If you would invest 5,055 in Salix Pharmaceuticals Ltd. on April 26, 2012 and sell it today you would earn a total of 32.00 from holding Salix Pharmaceuticals Ltd. or generate 0.63% return on investment over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Salix Pharmaceuticals Ltd. and Genpact Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.11
 Parameters
Time Period1 Month [change]
DirectionNegative SLXP Moved Down vs G
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between SLXP and G
    
    
 
       
Predicted Return Density
Expected Daily Returns   
 SLXP  

Salix Pharmaceuticals Ltd.

 
    
    
Salix
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than Salix Pharmaceuticals Ltd.. Compared with the overall equity markets, risk-adjusted returns on investments in Salix Pharmaceuticals Ltd. are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    
    
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Medicis Pharmaceutical Corporation vs. Salix Pharmaceuticals Ltd.
Par Pharmaceutical Companies Inc. vs. Salix Pharmaceuticals Ltd.
Akorn Inc. vs. Salix Pharmaceuticals Ltd.
Hi Tech Pharmacal Inc. vs. Salix Pharmaceuticals Ltd.
  

Genpact Ltd.

 
    
    
Genpact
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Genpact Ltd. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Corrections Corporation of America vs. Genpact Ltd.
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Huron Consulting Group Inc. vs. Genpact Ltd.
Navigant Consulting Inc. vs. Genpact Ltd.
       


 

 
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