This module allows you to analyze existing cross correlation between Bharat Immunologicals Biologicals Corp Ltd and Reliance Industries Limited. You can compare the effects of market volatilities on Bharat Immunologicals and Reliance Industries 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 Bharat Immunologicals with a short position of Reliance Industries. See also your portfolio center. Please also check ongoing floating volatility patterns of Bharat Immunologicals and Reliance Industries.
|Time Horizon||30 Days Login to change|
Bharat Immunologicals Biologic vs. Reliance Industries Limited
Assuming 30 trading days horizon, Bharat Immunologicals Biologicals Corp Ltd is expected to generate 6.44 times more return on investment than Reliance Industries. However, Bharat Immunologicals is 6.44 times more volatile than Reliance Industries Limited. It trades about 0.12 of its potential returns per unit of risk. Reliance Industries Limited is currently generating about 0.45 per unit of risk. If you would invest 1,885 in Bharat Immunologicals Biologicals Corp Ltd on May 20, 2018 and sell it today you would earn a total of 250.00 from holding Bharat Immunologicals Biologicals Corp Ltd or generate 13.26% return on investment over 30 days.