|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 under-perform the S A P. In addition to that, Expedia is 1.9 times more volatile than SAP SE. It trades about -0.19 of its total potential returns per unit of risk. SAP SE is currently generating about 0.17 per unit of volatility. If you would invest 8,533 in SAP SE on July 26, 2016 and sell it today you would earn a total of 190.00 from holding SAP SE or generate 2.23% return on investment over 30 days.