This module allows you to analyze existing cross correlation between American Airlines Group and Citigroup. You can compare the effects of market volatilities on American Airlines and Citigroup and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in American Airlines with a short position of Citigroup. See also your portfolio center. Please also check ongoing floating volatility patterns of American Airlines and Citigroup.
|Time Horizon||30 Days Login to change|
American Airlines Group Inc vs. Citigroup Inc
Considering 30-days investment horizon, American Airlines Group is expected to generate 1.27 times more return on investment than Citigroup. However, American Airlines is 1.27 times more volatile than Citigroup. It trades about -0.12 of its potential returns per unit of risk. Citigroup is currently generating about -0.2 per unit of risk. If you would invest 4,428 in American Airlines Group on May 20, 2018 and sell it today you would lose (184.00) from holding American Airlines Group or give up 4.16% of portfolio value over 30 days.