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. See also your portfolio center. Please also check ongoing floating volatility patterns of Salesforce and Expedia.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, salesforce inc is expected to generate 1.05 times more return on investment than Expedia. However, Salesforce is 1.05 times more volatile than Expedia Inc. It trades about 0.41 of its potential returns per unit of risk. Expedia Inc is currently generating about -0.02 per unit of risk. If you would invest 7,603 in salesforce inc on January 20, 2017 and sell it today you would earn a total of 544.00 from holding salesforce inc or generate 7.16% return on investment over 30 days.