Macroaxis: Personalized Investing
Personalized Investing and
Digital Wealth Optimization

Benchmark  United States  NYSE  10,533   27.041 Index Moved Up 0.26%  


Processing
Collecting data for EXPE and YHOO ...

Correlation analysis between Expedia and Yahoo

 
 Companies |  Insiders  | Dashboard  
     
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 and Yahoo and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. Please also check ongoing floating volatility patterns of Expedia and Yahoo.
 
 Expedia Inc.  vs   Yahoo! Inc.
 Compare Fundamentals  
Daily Returns (%)
YHOO   EXPE   
 
Change Benchmark  Embed  Timeline 
Given investment horizon of 30 days, Expedia Inc is expected to generate 0.87 times more return on investment than Yahoo. However, Expedia Inc is 1.14 times less risky than Yahoo. It trades about -0.04 of its potential returns per unit of risk. Yahoo Inc is currently generating about -0.07 per unit of risk. If you would invest  7,229  in Expedia Inc on March 21, 2014 and sell it today you would earn a total of  17.00  from holding Expedia Inc or generate 0.24% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Expedia Inc. and Yahoo! Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.35
Parameters
Time Period1 Month [change]
DirectionPositive YHOO Moved Up vs EXPE
StrengthVery Weak
Accuracy95.0%
ValuesDaily Returns
Follow Correlation between EXPE and YHOO with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Share Correlation between EXPE and YHOO 
Find Opportunities
 
Predicted Return Density
 
Embed  
Returns:   
YHOO   EXPE   

Expedia Inc

 
    
Over the last 30 days Expedia Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for Expedia

Hilton Worldwide Holdings Inc vs. Expedia Inc
Marriott International Inc vs. Expedia Inc
Starwood Hotels Resorts Worldwide Inc vs. Expedia Inc
Wyndham Worldwide Corporation vs. Expedia Inc
Intercontinental Hotels Group plc vs. Expedia Inc
Ctrip International Ltd vs. Expedia Inc
Choice Hotels International Inc vs. Expedia Inc
Home Inns Hotels Management Inc vs. Expedia Inc
OrientExpress Hotels Ltd vs. Expedia Inc
Morgans Hotel Group Co vs. Expedia Inc
Red Lion Hotels Corporation vs. Expedia Inc
  

Yahoo Inc

 
    
Over the last 30 days Yahoo Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for Yahoo

Google Inc vs. Yahoo Inc
Facebook Inc vs. Yahoo Inc
Baidu Inc vs. Yahoo Inc
Akamai Technologies Inc vs. Yahoo Inc
VeriSign Inc vs. Yahoo Inc
IACInterActiveCorp vs. Yahoo Inc
Autohome Inc vs. Yahoo Inc
58 Inc vs. Yahoo Inc
Sohu Inc vs. Yahoo Inc