This module allows you to analyze existing cross correlation between Chevron Corporation and Citigroup. You can compare the effects of market volatilities on Chevron and Citigroup 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 Chevron with a short position of Citigroup. See also your portfolio center. Please also check ongoing floating volatility patterns of Chevron and Citigroup.
|Time Horizon||30 Days Login to change|
Chevron Corp. vs. Citigroup Inc
Considering 30-days investment horizon, Chevron Corporation is expected to generate 1.26 times more return on investment than Citigroup. However, Chevron is 1.26 times more volatile than Citigroup. It trades about -0.03 of its potential returns per unit of risk. Citigroup is currently generating about -0.11 per unit of risk. If you would invest 12,661 in Chevron Corporation on May 24, 2018 and sell it today you would lose (151.00) from holding Chevron Corporation or give up 1.19% of portfolio value over 30 days.