|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.
Given the investment horizon of 30 days, Expedia Inc is expected to under-perform the Yahoo Inc. In addition to that, Expedia Inc is 1.01 times more volatile than Yahoo Inc. It trades about -0.29 of its total potential returns per unit of risk. Yahoo Inc is currently generating about -0.12 per unit of volatility. If you would invest 3,017 in Yahoo Inc on January 9, 2016 and sell it today you would lose (220.00) from holding Yahoo Inc or give up 7.29% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for Expedia Inc
Pair trading matchups for Yahoo Inc