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US Market Closed: May 26, 22:36 PM 2012  
FNMFO KDDIF 096770 AMKBF CTGBZ AU 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for UGNE and IBPO ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Unigene Laboratories Inc.  and   IENERGIZER
Check Correlation Matrix  
Daily Returns (%)
UGNE  IBPO  
Timeline
Assuming 30 trading days horizon, Unigene Laboratories Inc. is expected to under-perform the IENERGIZER. In addition to that, Unigene is 14.11 times more volatile than IENERGIZER. It trades about -0.17 of its total potential returns per unit of risk. IENERGIZER is currently generating about -0.04 per unit of volatility. If you would invest 36,000 in IENERGIZER on April 26, 2012 and sell it today you would lose (250.00) from holding IENERGIZER or give up 0.69% 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 IENERGIZER in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.22
 Parameters
Time Period1 Month [change]
DirectionNegative UGNE.OB Moved Down vs IBPO.L
StrengthInsignificant
Accuracy86.36%
ValuesDaily Returns
    
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Share Share Correlation between UGNE and IBPO
    
    
 
       
Predicted Return Density
Expected Daily Returns   
UGNE  IBPO  

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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IENERGIZER

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