|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.
|Daily Returns (%)|
Given the investment horizon of 30 days, Expedia Inc is expected to generate 1.09 times less return on investment than Microsoft Corporation. In addition to that, Expedia Inc is 1.65 times more volatile than Microsoft Corporation. It trades about 0.17 of its total potential returns per unit of risk. Microsoft Corporation is currently generating about 0.31 per unit of volatility. If you would invest 4,329 in Microsoft Corporation on September 10, 2015 and sell it today you would earn a total of 382.00 from holding Microsoft Corporation or generate 8.82% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Expedia Inc
Pair trading matchups for Microsoft Corporation