This module allows you to analyze existing cross correlation between Fossil Group and Dollar General Corporation. You can compare the effects of market volatilities on Fossil and Dollar General 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 Dollar General. See also your portfolio center. Please also check ongoing floating volatility patterns of Fossil and Dollar General.
|Time Horizon||30 Days Login to change|
Fossil Group Inc vs. Dollar General Corp.
Given the investment horizon of 30 days, Fossil Group is expected to generate 1.25 times more return on investment than Dollar General. However, Fossil is 1.25 times more volatile than Dollar General Corporation. It trades about 0.65 of its potential returns per unit of risk. Dollar General Corporation is currently generating about 0.04 per unit of risk. If you would invest 1,951 in Fossil Group on May 22, 2018 and sell it today you would earn a total of 974.00 from holding Fossil Group or generate 49.92% return on investment over 30 days.