|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 and Microsoft 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 with a short position of Microsoft. Please also check ongoing floating volatility patterns of Expedia and Microsoft.Expedia Inc. vs Microsoft Corp.
|Daily Returns (%)|
Given the investment horizon of 30 days, Expedia Inc is expected to generate 1.07 times more return on investment than Microsoft. However, Expedia is 1.07 times more volatile than Microsoft Corporation. It trades about -0.07 of its potential returns per unit of risk. Microsoft Corporation is currently generating about -0.11 per unit of risk. If you would invest 12,144 in Expedia Inc on July 31, 2015 and sell it today you would lose (493.00) from holding Expedia Inc or give up 4.06% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density