|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.
Considering 30-days investment horizon, salesforce inc is expected to under-perform the Expedia. But the stock apears to be less risky and, when comparing its historical volatility, salesforce inc is 1.47 times less risky than Expedia. The stock trades about -0.13 of its potential returns per unit of risk. The Expedia Inc is currently generating about -0.08 of returns per unit of risk over similar time horizon. If you would invest 11,125 in Expedia Inc on May 31, 2016 and sell it today you would lose (508.00) from holding Expedia Inc or give up 4.57% of portfolio value over 30 days.