|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Expedia Inc and Microsoft Corporation. You can compare the effects of market volatilities on Expedia Inc and Microsoft Corporation 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 Expedia Inc with a short position of Microsoft Corporation. Please also check ongoing floating volatility patterns of Expedia Inc and Microsoft Corporation.Expedia Inc. vs Microsoft Corp.
Given the investment horizon of 30 days, Expedia Inc is expected to under-perform the Microsoft Corporation. In addition to that, Expedia Inc is 1.54 times more volatile than Microsoft Corporation. It trades about -0.08 of its total potential returns per unit of risk. Microsoft Corporation is currently generating about -0.11 per unit of volatility. If you would invest 5,277 in Microsoft Corporation on January 12, 2016 and sell it today you would lose (308.00) from holding Microsoft Corporation or give up 5.84% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for Expedia Inc
Pair trading matchups for Microsoft Corporation