|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. You can also utilize pair trading strategies of matching a long position in Expedia with a short position of Yahoo. Please also check ongoing floating volatility patterns of Expedia and Yahoo.Expedia Inc. vs Yahoo Inc.
Given the investment horizon of 30 days, Expedia Inc is expected to generate 1.16 times more return on investment than Yahoo. However, Expedia is 1.16 times more volatile than Yahoo Inc. It trades about 0.48 of its potential returns per unit of risk. Yahoo Inc is currently generating about 0.33 per unit of risk. If you would invest 10,176 in Expedia Inc on June 24, 2016 and sell it today you would earn a total of 1,544 from holding Expedia Inc or generate 15.17% return on investment over 30 days.