|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 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. Please also check ongoing floating volatility patterns of Expedia and S A P.Expedia Inc. vs SAP SE
Given the investment horizon of 30 days, Expedia Inc is expected to generate 0.89 times more return on investment than S A P. However, Expedia Inc is 1.13 times less risky than S A P. It trades about 0.48 of its potential returns per unit of risk. SAP SE is currently generating about 0.38 per unit of risk. If you would invest 10,176 in Expedia Inc on June 24, 2016 and sell it today you would earn a total of 1,544 from holding Expedia Inc or generate 15.17% return on investment over 30 days.