This module allows you to analyze existing cross correlation between Fossil Group and Aarons. You can compare the effects of market volatilities on Fossil and Aarons 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 Fossil with a short position of Aarons. See also your portfolio center. Please also check ongoing floating volatility patterns of Fossil and Aarons.
|Time Horizon||30 Days Login to change|
Fossil Group Inc vs. Aarons Inc
Given the investment horizon of 30 days, Fossil Group is expected to generate 2.48 times more return on investment than Aarons. However, Fossil is 2.48 times more volatile than Aarons. It trades about 0.69 of its potential returns per unit of risk. Aarons is currently generating about 0.41 per unit of risk. If you would invest 2,052 in Fossil Group on May 25, 2018 and sell it today you would earn a total of 1,048 from holding Fossil Group or generate 51.07% return on investment over 30 days.