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US Market Closed: May 26, 22:19 PM 2012  
FRHIX FHYVX FHYIX FYIBX NHMBX NHMAX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for TVSELEC and FPAFF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 TVS Electronics Limited  and   FIRST PACIFIC CO ORD
Check Correlation Matrix  
Daily Returns (%)
TVSELEC  FPAFF  
Timeline
Assuming 30 trading days horizon, TVS Electronics Limited is expected to generate 1.65 times more return on investment than FIRST. However, TVS Electron is 1.65 times more volatile than FIRST PACIFIC ORD. It trades about 0.16 of its potential returns per unit of risk. FIRST PACIFIC ORD is currently generating about -0.31 per unit of risk. If you would invest 1,665 in TVS Electronics Limited on April 26, 2012 and sell it today you would earn a total of 135.00 from holding TVS Electronics Limited or generate 8.11% return on investment over 30 days.

Diversification

Pay attention
Overlapping area represents amount of risk that can be diversified away by holding TVS Electronics Limited and FIRST PACIFIC CO ORD in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.0
 Parameters
Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy77.27%
ValuesDaily Returns
    
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Predicted Return Density
Expected Daily Returns   
TVSELEC  FPAFF  

TVS Electronics Limited

 
    
    
TVS Electron
Performance
6
Out Of
100
Over 30
Days
94% of all equities and portfolios perform better than TVS Electronics Limited. Compared with the overall equity markets, risk-adjusted returns on investments in TVS Electronics Limited are ranked lower than 6 (%) of all global equities and portfolios over the last 30 days.
    
    
HCL Infosystems Ltd. vs. TVS Electronics Limited
Lexmark International Inc. vs. TVS Electronics Limited
Stratasys Inc. vs. TVS Electronics Limited
Allied Computers International (Asia) Limited vs. TVS Electronics Limited
Omnicell Inc. vs. TVS Electronics Limited
Cybertech Systems & Software Ltd. vs. TVS Electronics Limited
  

FIRST PACIFIC ORD

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