|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Apple Inc and S&P 500. You can compare the effects of market volatilities on Apple Inc and SP 500 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 Apple Inc with a short position of SP 500. Please also check ongoing floating volatility patterns of Apple Inc and SP 500.Apple Inc. vs S&P 500
|Daily Returns (%)|
Given the investment horizon of 30 days, Apple Inc is expected to under-perform the SP 500. In addition to that, Apple Inc is 27.49 times more volatile than S&P 500. It trades about -0.2 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.06 per unit of volatility. If you would invest 207,118 in S&P 500 on October 26, 2015 and sell it today you would earn a total of 1,796 from holding S&P 500 or generate 0.87% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density