This module allows you to analyze existing cross correlation between Citigroup and T. You can compare the effects of market volatilities on Citigroup and T 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 T. See also your portfolio center. Please also check ongoing floating volatility patterns of Citigroup and T.
|Time Horizon||30 Days Login to change|
Citigroup Inc vs. AT&T INC.
Taking into account the 30 trading days horizon, Citigroup is expected to under-perform the T. But the stock apears to be less risky and, when comparing its historical volatility, Citigroup is 1.44 times less risky than T. The stock trades about -0.14 of its potential returns per unit of risk. The T is currently generating about -0.03 of returns per unit of risk over similar time horizon. If you would invest 3,233 in T on May 23, 2018 and sell it today you would lose (53.00) from holding T or give up 1.64% of portfolio value over 30 days.