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Benchmark SP 500  1,629   22.88  Index Moved Down -1.39% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Sun TV Network Ltd  vs   VimpelCom Ltd.
 Compare Fundamentals  
Daily Returns (%)
VIP   SUNTV   
 
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Assuming 30 trading days horizon, Sun TV Network Ltd is expected to under-perform the VimpelCom. In addition to that, Sun TV is 2.44 times more volatile than VimpelCom Ltd. It trades about -0.21 of its total potential returns per unit of risk. VimpelCom Ltd is currently generating about -0.2 per unit of volatility. If you would invest  1,063  in VimpelCom Ltd on May 21, 2013 and sell it today you would lose (34.00) from holding VimpelCom Ltd or give up 3.2% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

-0.43
Parameters
Time Period1 Month [change]
DirectionNegative SUNTV.NS Moved Down vs VIP
StrengthVery Weak
Accuracy95.45%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
VIP   SUNTV   

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.
    

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Zee News Limited vs. Sun TV Network Ltd
  

VimpelCom Ltd

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

Match-ups for VimpelCom

China Unicom Hong Kong Limited vs. VimpelCom Ltd


 
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