|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 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. Please also check ongoing floating volatility patterns of Big Lots and WalMart.Big Lots Inc. vs WalMart Stores Inc.
|Daily Returns (%)|
Considering 30-days investment horizon, Big Lots Inc is expected to generate 2.22 times more return on investment than WalMart. However, Big Lots is 2.22 times more volatile than WalMart Stores Inc. It trades about 0.16 of its potential returns per unit of risk. WalMart Stores Inc is currently generating about -0.27 per unit of risk. If you would invest 4,299 in Big Lots Inc on July 30, 2015 and sell it today you would earn a total of 559 from holding Big Lots Inc or generate 13.0% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density