This module allows you to analyze existing cross correlation between Expedia and VMware. You can compare the effects of market volatilities on Expedia and VMware 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 VMware. See also your portfolio center. Please also check ongoing floating volatility patterns of Expedia and VMware.
|Time Horizon||30 Days Login to change|
Expedia Inc vs. VMware Inc
Given the investment horizon of 30 days, Expedia is expected to generate 1.25 times less return on investment than VMware. But when comparing it to its historical volatility, Expedia is 1.49 times less risky than VMware. It trades about 0.28 of its potential returns per unit of risk. VMware is currently generating about 0.24 of returns per unit of risk over similar time horizon. If you would invest 13,869 in VMware on May 20, 2018 and sell it today you would earn a total of 1,234 from holding VMware or generate 8.9% return on investment over 30 days.