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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Exxon Mobil Corp.  vs   Agilent Technologies Inc.
 Compare Fundamentals  
Daily Returns (%)
A   XOM   
 
Considering 30-days investment horizon, Exxon is expected to generate 1.74 times less return on investment than Agilent. But when comparing it to its historical volatility, Exxon Mobil Corporation is 1.59 times less risky than Agilent. It trades about 0.25 of its potential returns per unit of risk. Agilent Technologies Inc is currently generating about 0.27 of returns per unit of risk over similar time horizon. If you would invest  4,185  in Agilent Technologies Inc on April 19, 2013 and sell it today you would earn a total of  371.00  from holding Agilent Technologies Inc or generate 8.86% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Exxon Mobil Corp. and Agilent Technologies Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.31
Parameters
Time Period1 Month [change]
DirectionPositive A Moved Up vs XOM
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
A   XOM   

Exxon Mobil Corporation

 
    
Exxon
Performance
13
Out Of
100
Over 30
Days
87% of all equities and portfolios perform better than Exxon Mobil Corporation. Compared with the overall equity markets, risk-adjusted returns on investments in Exxon Mobil Corporation are ranked lower than 13 (%) of all global equities and portfolios over the last 30 days.
    

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Agilent Technologies Inc

 
    
Agilent
Performance
14
Out Of
100
Over 30
Days
86% of all equities and portfolios perform better than Agilent Technologies Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Agilent Technologies Inc are ranked lower than 14 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for Agilent

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