|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 under-perform the Yahoo. In addition to that, Expedia is 1.24 times more volatile than Yahoo Inc. It trades about -0.28 of its total potential returns per unit of risk. Yahoo Inc is currently generating about -0.21 per unit of volatility. If you would invest 3,794 in Yahoo Inc on May 29, 2016 and sell it today you would lose (272.00) from holding Yahoo Inc or give up 7.17% of portfolio value over 30 days.