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Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Exxon Mobil Corp.  vs   Yahoo! Inc.
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Daily Returns (%)
YHOO   XOM   
 
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Considering 30-days investment horizon, Exxon Mobil Corporation is expected to under-perform the Yahoo. But the stock apears to be less risky and, when comparing its historical volatility, Exxon Mobil Corporation is 1.62 times less risky than Yahoo. The stock trades about -0.05 of its potential returns per unit of risk. The Yahoo! Inc is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest  2,700  in Yahoo! Inc on May 19, 2013 and sell it today you would lose (34.00) from holding Yahoo! Inc or give up 1.26% of portfolio value over 30 days.

Diversification

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

Correlation Coefficient

0.64
Parameters
Time Period1 Month [change]
DirectionPositive YHOO Moved Up vs XOM
StrengthSignificant
Accuracy95.24%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
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Exxon Mobil Corporation

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

Yahoo! Inc

 
    
Yahoo
Performance
1
Out Of
100
Over 30
Days
99% of all equities and portfolios perform better than Yahoo! Inc. Compared with the overall equity markets, risk-adjusted returns on investments in Yahoo! Inc are ranked lower than 1 (%) of all global equities and portfolios over the last 30 days.
    

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