This module allows you to analyze existing cross correlation between Canadian Imperial Bank of Commerce and Citigroup. You can compare the effects of market volatilities on Canadian Imperial and Citigroup 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 Canadian Imperial with a short position of Citigroup. See also your portfolio center. Please also check ongoing floating volatility patterns of Canadian Imperial and Citigroup.
|Time Horizon||30 Days Login to change|
Canadian Imperial Bank of Comm vs. Citigroup Inc
Allowing for the 30-days total investment horizon, Canadian Imperial Bank of Commerce is expected to generate 0.68 times more return on investment than Citigroup. However, Canadian Imperial Bank of Commerce is 1.46 times less risky than Citigroup. It trades about -0.21 of its potential returns per unit of risk. Citigroup is currently generating about -0.2 per unit of risk. If you would invest 9,095 in Canadian Imperial Bank of Commerce on May 20, 2018 and sell it today you would lose (347.00) from holding Canadian Imperial Bank of Commerce or give up 3.82% of portfolio value over 30 days.