- Companies in United States
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 is expected to generate 1.93 times less return on investment than S A P. In addition to that, Expedia is 1.48 times more volatile than SAP SE. It trades about 0.13 of its total potential returns per unit of risk. SAP SE is currently generating about 0.37 per unit of volatility. If you would invest 8,605 in SAP SE on December 20, 2016 and sell it today you would earn a total of 330.00 from holding SAP SE or generate 3.83% return on investment over 30 days.