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US Market Closed: May 26, 19:36 PM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for SLXP and HVCBX ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Salix Pharmaceuticals Ltd.  and   American Funds Blue Chip Inc &
Check Correlation Matrix  
Daily Returns (%)
HVCBX  SLXP  
Timeline
Given investment horizon of 30 days, Salix Pharmaceuticals Ltd. is expected to generate 2.93 times more return on investment than American. However, Salix is 2.93 times more volatile than American Funds Blue Chip Inc & Gr HLS IB. It trades about 0.07 of its potential returns per unit of risk. American Funds Blue Chip Inc & Gr HLS IB is currently generating about -0.35 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

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Salix Pharmaceuticals Ltd. and American Funds Blue Chip Inc & in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.19
 Parameters
Time Period1 Month [change]
DirectionPositive HVCBX Moved Up vs SLXP
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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Share Share Correlation between SLXP and HVCBX
    
    
 
       
Predicted Return Density
Expected Daily Returns   
HVCBX  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.
    
    
Mylan Inc. vs. Salix Pharmaceuticals Ltd.
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American Funds Blue Chip Inc & Gr HL

 
    
    
American
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days American Funds Blue Chip Inc & Gr HLS IB has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
Vanguard Total Stock Market Idx Instl vs. American Funds Blue Chip Inc & Gr HLS IB
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