|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Expedia Inc and SAP AG. You can compare the effects of market volatilities on Expedia and S A P 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 S A P. Please also check ongoing floating volatility patterns of Expedia and S A P.Expedia Inc. vs SAP AG
|Daily Returns (%)|
Given the investment horizon of 30 days, Expedia Inc is expected to generate 2.76 times more return on investment than S A P. However, Expedia is 2.76 times more volatile than SAP AG. It trades about 0.12 of its potential returns per unit of risk. SAP AG is currently generating about -0.21 per unit of risk. If you would invest 10,761 in Expedia Inc on July 30, 2015 and sell it today you would earn a total of 890 from holding Expedia Inc or generate 8.27% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density