This module allows you to analyze existing cross correlation between Best Buy Co and Dollar General Corporation. You can compare the effects of market volatilities on Best Buy and Dollar General 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 Best Buy with a short position of Dollar General. See also your portfolio center. Please also check ongoing floating volatility patterns of Best Buy and Dollar General.
|Time Horizon||30 Days Login to change|
Best Buy Co Inc vs. Dollar General Corp.
Considering 30-days investment horizon, Best Buy Co is expected to generate 0.67 times more return on investment than Dollar General. However, Best Buy Co is 1.49 times less risky than Dollar General. It trades about 0.22 of its potential returns per unit of risk. Dollar General Corporation is currently generating about 0.08 per unit of risk. If you would invest 7,090 in Best Buy Co on May 24, 2018 and sell it today you would earn a total of 536.00 from holding Best Buy Co or generate 7.56% return on investment over 30 days.