- Companies in United States
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 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 with a short position of SP 500. See also your portfolio center.Please also check ongoing floating volatility patterns of Apple and SP 500.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Apple is expected to generate 38.84 times less return on investment than SP 500. In addition to that, Apple is 2.54 times more volatile than S&P 500. It trades about 0.0 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.47 per unit of volatility. If you would invest 213,956 in S&P 500 on November 8, 2016 and sell it today you would earn a total of 10,121 from holding S&P 500 or generate 4.73% return on investment over 30 days.