|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 Inc 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 Inc. Please also check ongoing floating volatility patterns of Salesforce and Expedia Inc.salesforce.com inc. vs Expedia Inc.
Considering 30-days investment horizon, salesforce inc is expected to under-perform the Expedia Inc. In addition to that, Salesforce is 1.49 times more volatile than Expedia Inc. It trades about -0.26 of its total potential returns per unit of risk. Expedia Inc is currently generating about -0.29 per unit of volatility. If you would invest 11,120 in Expedia Inc on January 10, 2016 and sell it today you would lose (1,856) from holding Expedia Inc or give up 16.69% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for Salesforce
Pair trading matchups for Expedia Inc