This module allows you to analyze existing cross correlation between Alphabet and Alcoa Corporation. You can compare the effects of market volatilities on Alphabet and Alcoa 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 Alphabet with a short position of Alcoa. See also your portfolio center. Please also check ongoing floating volatility patterns of Alphabet and Alcoa.
|Time Horizon||30 Days Login to change|
Alphabet Inc vs. Alcoa Corp.
If you would invest 106,973 in Alphabet on May 22, 2018 and sell it today you would earn a total of 10,011 from holding Alphabet or generate 9.36% return on investment over 30 days.