|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 1.66 times more return on investment than S A P. However, Expedia is 1.66 times more volatile than SAP SE. It trades about 0.17 of its potential returns per unit of risk. SAP SE is currently generating about -0.08 per unit of risk. If you would invest 10,514 in Expedia Inc on April 4, 2016 and sell it today you would earn a total of 897.00 from holding Expedia Inc or generate 8.53% return on investment over 30 days.
Historical Performance Chart