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|
Considering 30-days investment horizon, Baker Hughes Incorporated is expected to generate 263.07 times more return on investment than Cheniere Energy. However, Baker Hughes is 263.07 times more volatile than Cheniere Energy Partners L P. It trades about 0.33 of its potential returns per unit of risk. Cheniere Energy Partners L P is currently generating about -0.13 per unit of risk. If you would invest 7.00 in Baker Hughes Incorporated on January 22, 2018 and sell it today you would earn a total of 0.00 from holding Baker Hughes Incorporated or generate 0.0% return on investment over 30 days.