|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Expedia Inc and Oracle Corporation. You can compare the effects of market volatilities on Expedia Inc 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 Inc with a short position of Oracle. Please also check ongoing floating volatility patterns of Expedia Inc and Oracle.Expedia Inc. vs Oracle Corp.
|Daily Returns (%)|
Given the investment horizon of 30 days, Expedia Inc is expected to generate 1.54 times more return on investment than Oracle. However, Expedia Inc is 1.54 times more volatile than Oracle Corporation. It trades about 0.21 of its potential returns per unit of risk. Oracle Corporation is currently generating about 0.05 per unit of risk. If you would invest 11,575 in Expedia Inc on September 13, 2015 and sell it today you would earn a total of 1,127 from holding Expedia Inc or generate 9.74% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Expedia Inc
Pair trading matchups for Oracle