|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Expedia Inc and VMware Inc. You can compare the effects of market volatilities on Expedia Inc and VMware Inc 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 VMware Inc. Please also check ongoing floating volatility patterns of Expedia Inc and VMware Inc.Expedia Inc. vs VMware Inc.
|Daily Returns (%)|
Given the investment horizon of 30 days, Expedia Inc is expected to generate 1.45 times more return on investment than VMware Inc. However, Expedia Inc is 1.45 times more volatile than VMware Inc. It trades about 0.22 of its potential returns per unit of risk. VMware Inc is currently generating about 0.02 per unit of risk. If you would invest 11,335 in Expedia Inc on September 9, 2015 and sell it today you would earn a total of 1,199 from holding Expedia Inc or generate 10.58% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Expedia Inc
Pair trading matchups for VMware Inc