|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Salesforce Inc and Expedia Inc. You can compare the effects of market volatilities on Salesforce and Expedia 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 Salesforce with a short position of Expedia. Please also check ongoing floating volatility patterns of Salesforce and Expedia.Salesforce.com Inc vs Expedia Inc.
|Daily Returns (%)|
Considering 30-days investment horizon, Salesforce Inc is expected to generate 1.01 times more return on investment than Expedia. However, Salesforce is 1.01 times more volatile than Expedia Inc. It trades about -0.07 of its potential returns per unit of risk. Expedia Inc is currently generating about -0.11 per unit of risk. If you would invest 7,244 in Salesforce Inc on August 1, 2015 and sell it today you would lose (308.00) from holding Salesforce Inc or give up 4.25% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density