This module allows you to analyze existing cross correlation between Alphabet and Citigroup. You can compare the effects of market volatilities on Alphabet and Citigroup 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 Citigroup. See also your portfolio center. Please also check ongoing floating volatility patterns of Alphabet and Citigroup.
|Time Horizon||30 Days Login to change|
Alphabet Inc vs. Citigroup Inc
Given the investment horizon of 30 days, Alphabet is expected to generate 0.87 times more return on investment than Citigroup. However, Alphabet is 1.15 times less risky than Citigroup. It trades about 0.37 of its potential returns per unit of risk. Citigroup is currently generating about -0.2 per unit of risk. If you would invest 107,958 in Alphabet on May 20, 2018 and sell it today you would earn a total of 9,388 from holding Alphabet or generate 8.7% return on investment over 30 days.