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US Market Closed: May 26, 23:31 PM 2012  
PTRAX PTTAX PTTBX PTRRX PTTPX PTTRX 
 
 
  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for VG and KSKGF ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Vonage Holdings Corp.  and   Kingsgate Consolidated Limited
Check Correlation Matrix  
Daily Returns (%)
KSKGF  VG  
Timeline
Allowing for 30-days total investment horizon, Vonage Holdings Corporation is expected to generate 0.72 times more return on investment than Kingsgate. However, Vonage Holdings Corporation is 1.4 times less risky than Kingsgate. It trades about -0.42 of its potential returns per unit of risk. Kingsgate Consolidated Limited is currently generating about -0.34 per unit of risk. If you would invest 204.00 in Vonage Holdings Corporation on April 26, 2012 and sell it today you would lose (34.00) from holding Vonage Holdings Corporation or give up 16.67% of portfolio value over 30 days.

Diversification

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding Vonage Holdings Corp. and Kingsgate Consolidated Limited in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

-0.03
 Parameters
Time Period1 Month [change]
DirectionNegative VG Moved Down vs KSKGF.PK
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns
    
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 Share Correlation between VG and KSKGF 
Share Share Correlation between VG and KSKGF
    
    
 
       
Predicted Return Density
Expected Daily Returns   
KSKGF  VG  

Vonage Holdings Corporation

 
    
    
Vonage
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Vonage Holdings Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Kingsgate Consolidated Limited

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