|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between HCP Inc and VMware Inc. You can compare the effects of market volatilities on HCP Inc and VMware Inc 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 HCP Inc with a short position of VMware Inc. Please also check ongoing floating volatility patterns of HCP Inc and VMware Inc.HCP Inc. vs VMware Inc.
Considering 30-days investment horizon, HCP Inc is expected to under-perform the VMware Inc. In addition to that, HCP Inc is 1.56 times more volatile than VMware Inc. It trades about -0.32 of its total potential returns per unit of risk. VMware Inc is currently generating about -0.24 per unit of volatility. If you would invest 5,227 in VMware Inc on January 13, 2016 and sell it today you would lose (726.00) from holding VMware Inc or give up 13.89% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for HCP Inc
Pair trading matchups for VMware Inc