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Benchmark SP 500  1,639   12.31  Index Moved Up 0.76% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 WellCare Health Plans Inc.  vs   Prevedi Sicurezza
 Compare Fundamentals  
Daily Returns (%)
PR   WCG   
 
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Considering 30-days investment horizon, WellCare Health Plans Inc is expected to under-perform the Prevedi. But the stock apears to be less risky and, when comparing its historical volatility, WellCare Health Plans Inc is 2.3 times less risky than Prevedi. The stock trades about -0.13 of its potential returns per unit of risk. The Prevedi Sicurezza is currently generating about 0.07 of returns per unit of risk over similar time horizon. If you would invest  26.00  in Prevedi Sicurezza on May 19, 2013 and sell it today you would earn a total of  1.00  from holding Prevedi Sicurezza or generate 3.85% return on investment over 30 days.

Diversification

Very good diversification
Overlapping area represents amount of risk that can be diversified away by holding WellCare Health Plans Inc. and Prevedi Sicurezza in the same portfolio assuming nothing else is changed

Correlation Coefficient

-0.35
Parameters
Time Period1 Month [change]
DirectionNegative WCG Moved Down vs PR.MI
StrengthInsignificant
Accuracy95.0%
ValuesDaily Returns
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Returns   
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WellCare Health Plans Inc

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

Match-ups for WellCare

Humana Inc vs. WellCare Health Plans Inc
  

Prevedi Sicurezza

 
    
Prevedi
Performance
3
Out Of
100
Over 30
Days
97% of all equities and portfolios perform better than Prevedi Sicurezza. Compared with the overall equity markets, risk-adjusted returns on investments in Prevedi Sicurezza are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Prevedi

Arnoldo Mondadori Editore SpA vs. Prevedi Sicurezza


 
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