|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Expedia Inc and Yahoo Inc. You can compare the effects of market volatilities on Expedia Inc and Yahoo 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 Yahoo Inc. Please also check ongoing floating volatility patterns of Expedia Inc and Yahoo Inc.Expedia Inc. vs Yahoo! Inc.
|Daily Returns (%)|
Given the investment horizon of 30 days, Expedia Inc is expected to generate 0.88 times more return on investment than Yahoo Inc. However, Expedia Inc is 1.14 times less risky than Yahoo Inc. It trades about 0.17 of its potential returns per unit of risk. Yahoo Inc is currently generating about 0.09 per unit of risk. If you would invest 11,594 in Expedia Inc on September 10, 2015 and sell it today you would earn a total of 940 from holding Expedia Inc or generate 8.11% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Expedia Inc
Pair trading matchups for Yahoo Inc