Asset Comparison and Correlation     http://www.macroaxis.com/invest/market/%5EHSI--compareProfile--0285.HK

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Investment horizon:    30 Days    Login   to change

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Hang Seng  and   BYD Electronic (International)

Check Correlation Matrix   Daily Returns (%) HSI    0285    Timeline Given investment horizon of 30 days, Hang is expected to generate 4.62 times less return on investment than BYD Electron. But when comparing it to its historical volatility, Hang Seng is 4.71 times less risky than BYD Electron. It trades about 0.33 of its potential returns per unit of risk. BYD Electronic International Company Limited is currently generating about 0.32 of returns per unit of risk over similar time horizon. If you would invest  195.00  in BYD Electronic International Company Limited on December 22, 2012 and sell it today you would earn a total of  52.00  from holding BYD Electronic International Company Limited or generate 26.67% return on investment over 30 days.

Diversification Very good diversification Overlapping area represents amount of risk that can be diversified away by holding Hang Seng and BYD Electronic (International) in the same portfolio (assuming nothing else is changed) Optimize Correlation Coefficient -0.5 Parameters Time Period 1 Month [change] Direction Negative  Strength Very Weak Accuracy 85.71% Values Daily Returns Suggest Follow Correlation between HSI and 0285 with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker Get Widget   Syndicate   Share Correlation between HSI and 0285  Find Opportunities

    

 

       

Predicted Return Density

Expected Daily Returns

HSI    0285

Hang Seng   Profile      HangPerformance 19 Out Of 100 Over 30Days ? Performance Backtest Predict Price      Match ups for Hang HomeStreet Inc vs. Hang Seng BLDRS Asia 50 ADR Index vs. Hang Seng American Independence Corp vs. Hang Seng WWVY vs. Hang Seng Ocean Shore Holding Co vs. Hang Seng BioCryst Pharmaceuticals Inc vs. Hang Seng FFFD vs. Hang Seng Transcend Services Inc vs. Hang Seng Ameriana Bancorp vs. Hang Seng

BYD Electronic International Company Lim Alpha   Profile      BYD ElectronPerformance 19 Out Of 100 Over 30Days ? 81% of all equities and portfolios perform better than BYD Electronic International Company Limited. Compared with the overall equity markets, risk-adjusted returns on investments in BYD Electronic International Company Limited are ranked lower than 19 (%) of all global equities and portfolios over the last 30 days. Performance Backtest Predict Price      Match ups for BYD Electron AAC Technologies Holdings Inc vs. BYD Electronic International Company Limited Foxconn International Holdings Limited vs. BYD Electronic International Company Limited Vtech Holdings Ltd vs. BYD Electronic International Company Limited ZTE Corp vs. BYD Electronic International Company Limited China Wireless Technologies Ltd vs. BYD Electronic International Company Limited TCL Communication Technology Holdings Ltd vs. BYD Electronic International Company Limited China All Access Holdings Limited vs. BYD Electronic International Company Limited SIM Technology Group Ltd vs. BYD Electronic International Company Limited Centron Telecom International Holding Ltd vs. BYD Electronic International Company Limited