|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 is expected to generate 3.1 times less return on investment than Expedia. But when comparing it to its historical volatility, salesforce inc is 1.23 times less risky than Expedia. It trades about 0.16 of its potential returns per unit of risk. Expedia Inc is currently generating about 0.41 of returns per unit of risk over similar time horizon. If you would invest 10,630 in Expedia Inc on June 30, 2016 and sell it today you would earn a total of 1,035 from holding Expedia Inc or generate 9.74% return on investment over 30 days.