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 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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Expedia Inc is expected to under-perform the Oracle. In addition to that, Expedia is 1.35 times more volatile than Oracle Corporation. It trades about -0.1 of its total potential returns per unit of risk. Oracle Corporation is currently generating about 0.6 per unit of volatility. If you would invest 4,013 in Oracle Corporation on January 26, 2017 and sell it today you would earn a total of 304.00 from holding Oracle Corporation or generate 7.58% return on investment over 30 days.