Correlation analysis between Salesforce and Expedia
|Salesforce.com Inc vs Expedia Inc.|
Considering 30-days investment horizon, Salesforce is expected to generate 1.33 times less return on investment than Expedia. In addition to that, Salesforce is 2.12 times more volatile than Expedia Inc. It trades about 0.01 of its total potential returns per unit of risk. Expedia Inc is currently generating about 0.03 per unit of volatility. If you would invest 7,479 in Expedia Inc on February 10, 2014 and sell it today you would lose (5.00) from holding Expedia Inc or give up 0.07% of portfolio value over 30 days.
Over the last 30 days Salesforce Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Salesforce
Compared with the overall equity markets, risk-adjusted returns on investments in Expedia Inc are ranked lower than 1 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Expedia