|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 Inc 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 Inc with a short position of S A P. Please also check ongoing floating volatility patterns of Expedia Inc and S A P.Expedia Inc. vs SAP AG
|Daily Returns (%)|
Given the investment horizon of 30 days, Expedia Inc is expected to under-perform the S A P. In addition to that, Expedia Inc is 2.68 times more volatile than SAP AG. It trades about -0.02 of its total potential returns per unit of risk. SAP AG is currently generating about 0.07 per unit of volatility. If you would invest 7,803 in SAP AG on October 28, 2015 and sell it today you would earn a total of 97.00 from holding SAP AG or generate 1.24% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Expedia Inc
Pair trading matchups for S A P