This module allows you to analyze existing cross correlation between American Airlines Group and Sprint Corporation. You can compare the effects of market volatilities on American Airlines and Sprint 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 Sprint. See also your portfolio center. Please also check ongoing floating volatility patterns of American Airlines and Sprint.
|Time Horizon||30 Days Login to change|
American Airlines Group Inc vs. Sprint Corp.
Considering 30-days investment horizon, American Airlines Group is expected to under-perform the Sprint. In addition to that, American Airlines is 1.03 times more volatile than Sprint Corporation. It trades about -0.21 of its total potential returns per unit of risk. Sprint Corporation is currently generating about 0.29 per unit of volatility. If you would invest 513.00 in Sprint Corporation on May 26, 2018 and sell it today you would earn a total of 37.00 from holding Sprint Corporation or generate 7.21% return on investment over 30 days.