|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Big Lots Inc and WalMart Stores Inc. You can compare the effects of market volatilities on Big Lots and WalMart Stores 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 Big Lots with a short position of WalMart Stores. Please also check ongoing floating volatility patterns of Big Lots and WalMart Stores.Big Lots Inc. vs WalMart Stores Inc.
|Daily Returns (%)|
Considering 30-days investment horizon, Big Lots Inc is expected to under-perform the WalMart Stores. In addition to that, Big Lots is 2.12 times more volatile than WalMart Stores Inc. It trades about -0.03 of its total potential returns per unit of risk. WalMart Stores Inc is currently generating about 0.17 per unit of volatility. If you would invest 5,764 in WalMart Stores Inc on October 28, 2015 and sell it today you would earn a total of 260.00 from holding WalMart Stores Inc or generate 4.51% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Big Lots
Pair trading matchups for WalMart Stores