This module allows you to analyze existing cross correlation between CCA Industries and Colgate Palmolive Company. You can compare the effects of market volatilities on CCA Industries and Colgate Palmolive 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 CCA Industries with a short position of Colgate Palmolive. See also your portfolio center. Please also check ongoing floating volatility patterns of CCA Industries and Colgate Palmolive.
|Time Horizon||30 Days Login to change|
CCA Industries Inc vs. Colgate Palmolive Company
Considering 30-days investment horizon, CCA Industries is expected to under-perform the Colgate Palmolive. In addition to that, CCA Industries is 1.24 times more volatile than Colgate Palmolive Company. It trades about -0.11 of its total potential returns per unit of risk. Colgate Palmolive Company is currently generating about 0.12 per unit of volatility. If you would invest 6,225 in Colgate Palmolive Company on May 21, 2018 and sell it today you would earn a total of 175.00 from holding Colgate Palmolive Company or generate 2.81% return on investment over 30 days.