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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 WOODSIDE PETROLEUM  vs   Federal National Mortgage Asso
 Compare Fundamentals  
Daily Returns (%)
FNMFO   WOPA   
 
Assuming 30 trading days horizon, WOODSIDE is expected to generate 2.26 times less return on investment than Federal. But when comparing it to its historical volatility, WOODSIDE PETROLEUM is 1.74 times less risky than Federal. It trades about 0.14 of its potential returns per unit of risk. Federal National Mortgage Association is currently generating about 0.18 of returns per unit of risk over similar time horizon. If you would invest  1,555,000  in Federal National Mortgage Association on April 20, 2013 and sell it today you would earn a total of  260,000  from holding Federal National Mortgage Association or generate 16.72% return on investment over 30 days.

Diversification

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding WOODSIDE PETROLEUM and Federal National Mortgage Asso in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.01
Parameters
Time Period1 Month [change]
DirectionPositive FNMFO.PK Moved Up vs WOPA.SG
StrengthInsignificant
Accuracy90.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
FNMFO   WOPA   

WOODSIDE PETROLEUM

 
    
WOODSIDE
Performance
7
Out Of
100
Over 30
Days
93% of all equities and portfolios perform better than WOODSIDE PETROLEUM. Compared with the overall equity markets, risk-adjusted returns on investments in WOODSIDE PETROLEUM are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for WOODSIDE

AngloGold Ashanti Ltd vs. WOODSIDE PETROLEUM
Berkshire Hathaway Inc vs. WOODSIDE PETROLEUM
PetroChina Co Ltd vs. WOODSIDE PETROLEUM
Industrial and Commercial Bank of China Limited vs. WOODSIDE PETROLEUM
Nestl vs. WOODSIDE PETROLEUM
Nestl vs. WOODSIDE PETROLEUM
PetroChina Co Ltd vs. WOODSIDE PETROLEUM
Royal Dutch Shell plc vs. WOODSIDE PETROLEUM
Royal Dutch Shell plc vs. WOODSIDE PETROLEUM
Roche Holding AG vs. WOODSIDE PETROLEUM
  

Federal National Mortgage Association

 
    
Federal
Performance
9
Out Of
100
Over 30
Days
91% of all equities and portfolios perform better than Federal National Mortgage Association. Compared with the overall equity markets, risk-adjusted returns on investments in Federal National Mortgage Association are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Federal

Federal National Mortgage Association vs. Federal National Mortgage Association
SK Innovation vs. Federal National Mortgage Association
KDDI Corp vs. Federal National Mortgage Association
Japan Tobacco Inc vs. Federal National Mortgage Association
Inpex Corporation vs. Federal National Mortgage Association
AP M vs. Federal National Mortgage Association
AP M vs. Federal National Mortgage Association
Citigroup Inc vs. Federal National Mortgage Association
Akbank TAS vs. Federal National Mortgage Association


 
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