This module allows you to analyze existing cross correlation between F5 Networks and Broadridge Financial Solutions. You can compare the effects of market volatilities on F5 Networks and Broadridge Financial 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 F5 Networks with a short position of Broadridge Financial. See also your portfolio center. Please also check ongoing floating volatility patterns of F5 Networks and Broadridge Financial.
|Time Horizon||30 Days Login to change|
F5 Networks Inc vs. Broadridge Financial Solutions
Given the investment horizon of 30 days, F5 Networks is expected to under-perform the Broadridge Financial. In addition to that, F5 Networks is 1.34 times more volatile than Broadridge Financial Solutions. It trades about -0.07 of its total potential returns per unit of risk. Broadridge Financial Solutions is currently generating about 0.02 per unit of volatility. If you would invest 11,418 in Broadridge Financial Solutions on May 26, 2018 and sell it today you would earn a total of 31.00 from holding Broadridge Financial Solutions or generate 0.27% return on investment over 30 days.