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US Market Closed: May 26, 22:35 PM 2012  
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for UGNE and AURIONPRO ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Unigene Laboratories Inc.  and   Aurionpro Solutions Ltd.
Check Correlation Matrix  
Daily Returns (%)
UGNE  AURIONPRO  
Timeline
Assuming 30 trading days horizon, Unigene Laboratories Inc. is expected to under-perform the Aurionpro. In addition to that, Unigene is 3.0 times more volatile than Aurionpro Solutions Ltd.. It trades about -0.17 of its total potential returns per unit of risk. Aurionpro Solutions Ltd. is currently generating about -0.05 per unit of volatility. If you would invest 11,800 in Aurionpro Solutions Ltd. on April 26, 2012 and sell it today you would lose (325.00) from holding Aurionpro Solutions Ltd. or give up 2.75% of portfolio value over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding Unigene Laboratories Inc. and Aurionpro Solutions Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.43
 Parameters
Time Period1 Month [change]
DirectionNegative UGNE.OB Moved Down vs AURIONPRO.NS
StrengthVery Weak
Accuracy81.82%
ValuesDaily Returns
    
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Share Share Correlation between UGNE and AURIONPRO
    
    
 
       
Predicted Return Density
Expected Daily Returns   
UGNE  AURIONPRO  

Unigene Laboratories Inc.

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

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