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Collecting data for UYG and EWW ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 ProShares Ultra Financials  vs   iShares MSCI Mexico Capped Inv
 Compare Fundamentals  
Daily Returns (%)
UYG   EWW   
 
Considering 30-days investment horizon, ProShares Ultra Financials is expected to generate 1.39 times more return on investment than iShares. However, ProShares is 1.39 times more volatile than iShares MSCI Mexico Capped Invstbl Mkt. It trades about 0.63 of its potential returns per unit of risk. iShares MSCI Mexico Capped Invstbl Mkt is currently generating about -0.11 per unit of risk. If you would invest  8,300  in ProShares Ultra Financials on April 19, 2013 and sell it today you would earn a total of  1,638  from holding ProShares Ultra Financials or generate 19.73% return on investment over 30 days.

Diversification

Very weak diversification
Overlapping area represents amount of risk that can be diversified away by holding ProShares Ultra Financials and iShares MSCI Mexico Capped Inv in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.5
Parameters
Time Period1 Month [change]
DirectionPositive EWW Moved Up vs UYG
StrengthWeak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
UYG   EWW   

ProShares Ultra Financials

 
    
ProShares
Performance
34
Out Of
100
Over 30
Days
66% of all equities and portfolios perform better than ProShares Ultra Financials. Compared with the overall equity markets, risk-adjusted returns on investments in ProShares Ultra Financials are ranked lower than 34 (%) of all global equities and portfolios over the last 30 days.
    

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iShares MSCI Mexico Capped Invstbl Mkt

 
    
iShares
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days iShares MSCI Mexico Capped Invstbl Mkt has generated negative risk-adjusted returns adding no value to investors with long positions.
    

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