This module allows you to analyze existing cross correlation between Expedia Inc and SAP SE. 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. See also your portfolio center. Please also check ongoing floating volatility patterns of Expedia and S A P.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Expedia Inc is expected to under-perform the S A P. In addition to that, Expedia is 1.09 times more volatile than SAP SE. It trades about -0.02 of its total potential returns per unit of risk. SAP SE is currently generating about 0.23 per unit of volatility. If you would invest 8,940 in SAP SE on January 20, 2017 and sell it today you would earn a total of 306.00 from holding SAP SE or generate 3.42% return on investment over 30 days.