This module allows you to analyze existing cross correlation between Citigroup and Sprint Corporation. You can compare the effects of market volatilities on Citigroup and Sprint 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 Sprint. See also your portfolio center. Please also check ongoing floating volatility patterns of Citigroup and Sprint.
|Time Horizon||30 Days Login to change|
Citigroup Inc vs. Sprint Corp.
Taking into account the 30 trading days horizon, Citigroup is expected to generate 14.63 times less return on investment than Sprint. But when comparing it to its historical volatility, Citigroup is 1.37 times less risky than Sprint. It trades about 0.02 of its potential returns per unit of risk. Sprint Corporation is currently generating about 0.19 of returns per unit of risk over similar time horizon. If you would invest 513.00 in Sprint Corporation on May 26, 2018 and sell it today you would earn a total of 26.00 from holding Sprint Corporation or generate 5.07% return on investment over 30 days.