This module allows you to analyze existing cross correlation between Expedia and Oracle Corporation. You can compare the effects of market volatilities on Expedia and Oracle 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 Oracle. See also your portfolio center. Please also check ongoing floating volatility patterns of Expedia and Oracle.
|Time Horizon||30 Days Login to change|
Expedia Inc vs. Oracle Corp.
Given the investment horizon of 30 days, Expedia is expected to generate 0.81 times more return on investment than Oracle. However, Expedia is 1.23 times less risky than Oracle. It trades about 0.28 of its potential returns per unit of risk. Oracle Corporation is currently generating about -0.06 per unit of risk. If you would invest 11,636 in Expedia on May 21, 2018 and sell it today you would earn a total of 831.00 from holding Expedia or generate 7.14% return on investment over 30 days.