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US Market Closed: May 26, 23:42 PM 2012  
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  NYSE  7,534  18.032  Index Moved Down 



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Collecting data for VSR and HARITASEA ...

Asset Comparison and Correlation

    
       
Investment horizon: 
30 Days (Login to change)
       
 
    
 Versar Inc.  and   Harita Seating Systems Ltd.
Check Correlation Matrix  
Daily Returns (%)
VSR  HARITASEA  
Timeline
Considering 30-days investment horizon, Versar Inc. is expected to generate 0.72 times more return on investment than Harita. However, Versar Inc. is 1.39 times less risky than Harita. It trades about 0.37 of its potential returns per unit of risk. Harita Seating Systems Ltd. is currently generating about -0.05 per unit of risk. If you would invest 241.00 in Versar Inc. on April 26, 2012 and sell it today you would earn a total of 57.00 from holding Versar Inc. or generate 23.65% return on investment over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Versar Inc. and Harita Seating Systems Ltd. in the same portfolio (assuming nothing else is changed)

Correlation Coefficient

0.19
 Parameters
Time Period1 Month [change]
DirectionPositive HARITASEA.BO Moved Up vs VSR
StrengthInsignificant
Accuracy68.18%
ValuesDaily Returns
    
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 Share Correlation between VSR and HARITASEA 
Share Share Correlation between VSR and HARITASEA
    
    
 
       
Predicted Return Density
Expected Daily Returns   
VSR  HARITASEA  

Versar Inc.

 
    
    
Versar
Performance
16
Out Of
100
Over 30
Days
84% of all equities and portfolios perform better than Versar Inc.. Compared with the overall equity markets, risk-adjusted returns on investments in Versar Inc. are ranked lower than 16 (%) of all global equities and portfolios over the last 30 days.
    
    
Jacobs Engineering Group Inc. vs. Versar Inc.
KBR Inc. vs. Versar Inc.
SAIC Inc. vs. Versar Inc.
URS Corporation vs. Versar Inc.
AECOM Technology Corporation vs. Versar Inc.
Tetra Tech Inc. vs. Versar Inc.
  

Harita Seating Systems Ltd.

 
    
    
Harita
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Harita Seating Systems Ltd. has generated negative risk-adjusted returns adding no value to investors with long positions.
    
    
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Amtek India Ltd. vs. Harita Seating Systems Ltd.
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Johnson Controls Inc. vs. Harita Seating Systems Ltd.
FederalMogul Goetze (India) Ltd. vs. Harita Seating Systems Ltd.
       


 

 
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