This module allows you to analyze existing cross correlation between Apple and T. You can compare the effects of market volatilities on Apple and T 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 T. See also your portfolio center. Please also check ongoing floating volatility patterns of Apple and T.
|Time Horizon||30 Days Login to change|
Apple Inc vs. AT&T INC.
Given the investment horizon of 30 days, Apple is expected to generate 0.35 times more return on investment than T. However, Apple is 2.83 times less risky than T. It trades about 0.06 of its potential returns per unit of risk. T is currently generating about -0.02 per unit of risk. If you would invest 18,763 in Apple on May 19, 2018 and sell it today you would earn a total of 133.00 from holding Apple or generate 0.71% return on investment over 30 days.