This module allows you to analyze existing cross correlation between Citigroup and International Business Machines Corporation. You can compare the effects of market volatilities on Citigroup and International Business 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 Citigroup with a short position of International Business. See also your portfolio center. Please also check ongoing floating volatility patterns of Citigroup and International Business.
|Time Horizon||30 Days Login to change|
Citigroup Inc vs. International Business Machine
Taking into account the 30 trading days horizon, Citigroup is expected to under-perform the International Business. In addition to that, Citigroup is 1.8 times more volatile than International Business Machines Corporation. It trades about -0.11 of its total potential returns per unit of risk. International Business Machines Corporation is currently generating about -0.13 per unit of volatility. If you would invest 14,407 in International Business Machines Corporation on May 24, 2018 and sell it today you would lose (279.00) from holding International Business Machines Corporation or give up 1.94% of portfolio value over 30 days.