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ENB KMP WMB SE Precious Metals Recreation Long-Short Electronics 
Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Sun TV Network Ltd  vs   Noble Corp.
 Compare Fundamentals  
Daily Returns (%)
SUNTV   NE   
 
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Assuming 30 trading days horizon, Sun TV Network Ltd is expected to under-perform the Noble. In addition to that, Sun TV is 2.37 times more volatile than Noble Corp. It trades about -0.2 of its total potential returns per unit of risk. Noble Corp is currently generating about -0.32 per unit of volatility. If you would invest  4,163  in Noble Corp on May 20, 2013 and sell it today you would lose (315.00) from holding Noble Corp or give up 7.57% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

0.17
Parameters
Time Period1 Month [change]
DirectionPositive NE Moved Up vs SUNTV.NS
StrengthInsignificant
Accuracy95.45%
ValuesDaily Returns
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Returns   
SUNTV   NE   

Sun TV Network Ltd

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

Match-ups for Sun TV

Sun TV Network Ltd vs. Sun TV Network Ltd
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TV Today Network Limited vs. Sun TV Network Ltd
  

Noble Corp

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

Match-ups for Noble

Petr vs. Noble Corp
Transocean Ltd vs. Noble Corp
Diamond Offshore Drilling Inc vs. Noble Corp
Helmerich Payne Inc vs. Noble Corp


 
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