|Investment Horizon||30 Days Login to change|
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 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 SE
Given the investment horizon of 30 days, Expedia Inc is expected to generate 2.27 times more return on investment than S A P. However, Expedia Inc is 2.27 times more volatile than SAP SE. It trades about 0.01 of its potential returns per unit of risk. SAP SE is currently generating about -0.13 per unit of risk. If you would invest 10,259 in Expedia Inc on January 15, 2016 and sell it today you would lose (34.00) from holding Expedia Inc or give up 0.33% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for Expedia Inc
Pair trading matchups for S A P