This module allows you to analyze existing cross correlation between Baker Hughes Incorporated and Cheniere Energy Partners L P. You can compare the effects of market volatilities on Baker Hughes and Cheniere Energy 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 Baker Hughes with a short position of Cheniere Energy. See also your portfolio center. Please also check ongoing floating volatility patterns of Baker Hughes and Cheniere Energy.
|Time Horizon||30 Days Login to change|
Baker Hughes Incorporated vs. Cheniere Energy Partners L P
Considering 30-days investment horizon, Baker Hughes Incorporated is expected to under-perform the Cheniere Energy. In addition to that, Baker Hughes is 1.42 times more volatile than Cheniere Energy Partners L P. It trades about -0.38 of its total potential returns per unit of risk. Cheniere Energy Partners L P is currently generating about 0.24 per unit of volatility. If you would invest 3,329 in Cheniere Energy Partners L P on May 19, 2018 and sell it today you would earn a total of 255.00 from holding Cheniere Energy Partners L P or generate 7.66% return on investment over 30 days.