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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Suncor Energy Inc.  vs   Exxon Mobil Corp.
 Compare Fundamentals  
Daily Returns (%)
SU   XOM   
 
Allowing for 30-days total investment horizon, Suncor Energy Inc is expected to generate 1.96 times more return on investment than Exxon. However, Suncor is 1.96 times more volatile than Exxon Mobil Corporation. It trades about 0.38 of its potential returns per unit of risk. Exxon Mobil Corporation is currently generating about 0.22 per unit of risk. If you would invest  2,813  in Suncor Energy Inc on April 20, 2013 and sell it today you would earn a total of  387.00  from holding Suncor Energy Inc or generate 13.76% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Suncor Energy Inc. and Exxon Mobil Corp. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.49
Parameters
Time Period1 Month [change]
DirectionPositive XOM Moved Up vs SU
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SU   XOM   

Suncor Energy Inc

 
    
Suncor
Performance
20
Out Of
100
Over 30
Days
80% of all equities and portfolios perform better than Suncor Energy Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Suncor Energy Inc are ranked lower than 20 (%) of all global equities and portfolios over the last 30 days.
    

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Exxon Mobil Corporation

 
    
Exxon
Performance
11
Out Of
100
Over 30
Days
89% of all equities and portfolios perform better than Exxon Mobil Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Exxon Mobil Corporation are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
    

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