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US Market Closed: May 26, 21:59 PM 2012  
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for TRF and ONMOBILE ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 TRF Ltd.  and   OnMobile Global Ltd.
Check Correlation Matrix  
Daily Returns (%)
TRF  ONMOBILE  
Timeline
Assuming 30 trading days horizon, TRF Ltd. is expected to generate 0.96 times more return on investment than OnMobile. However, TRF Ltd. is 1.05 times less risky than OnMobile. It trades about -0.2 of its potential returns per unit of risk. OnMobile Global Ltd. is currently generating about -0.29 per unit of risk. If you would invest 29,400 in TRF Ltd. on April 26, 2012 and sell it today you would lose (1,760) from holding TRF Ltd. or give up 5.99% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

-0.03
 Parameters
Time Period1 Month [change]
DirectionNegative TRF.BO Moved Down vs ONMOBILE.BO
StrengthInsignificant
Accuracy83.33%
ValuesDaily Returns
    
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Share Share Correlation between TRF and ONMOBILE
    
    
 
       
Predicted Return Density
Expected Daily Returns   
TRF  ONMOBILE  

TRF Ltd.

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

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