This module allows you to analyze existing cross correlation between Expedia 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.
|Time Horizon||30 Days Login to change|
Expedia Inc vs. SAP SE
Given the investment horizon of 30 days, Expedia is expected to generate 1.1 times more return on investment than S A P. However, Expedia is 1.1 times more volatile than SAP SE. It trades about 0.28 of its potential returns per unit of risk. SAP SE is currently generating about 0.19 per unit of risk. If you would invest 11,636 in Expedia on May 21, 2018 and sell it today you would earn a total of 831.00 from holding Expedia or generate 7.14% return on investment over 30 days.