Macroaxis: Personalized Investing

Personalized Investing and

Digital Wealth Optimization

Benchmark  United States  NYSE  10,692   87.77 Index Moved Up 0.83%  

Collecting data for HCP and VMW ...

Correlation analysis between HCP Inc and VMware Correlation analysis between HCP Inc and VMware

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 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. Please also check ongoing floating volatility patterns of HCP Inc and VMware.
 HCP Inc.  vs   VMware Inc.
Daily Returns (%)
HCP   VMW   
Benchmark  Embed   Timeline 
Considering 30-days investment horizon, HCP Inc is expected to generate 0.45 times more return on investment than VMware. However, HCP Inc is 2.23 times less risky than VMware. It trades about 0.45 of its potential returns per unit of risk. VMware Inc is currently generating about -0.17 per unit of risk. If you would invest  4,403  in HCP Inc on December 31, 2014 and sell it today you would earn a total of  392.00  from holding HCP Inc or generate 8.9% return on investment over 30 days.

Correlation Coefficient



Time Period1 Month [change]
DirectionNegative HCP Moved Down vs VMW
ValuesDaily Returns


Good diversification

Overlapping area represents amount of risk that can be diversified away by holding HCP Inc. and VMware Inc. in the same portfolio assuming nothing else is changed

Historical Performance Chart

Comparative Volatility

Predicted Return Density
Benchmark  Embed   Returns 


Compared with the overall equity markets, risk-adjusted returns on investments in HCP Inc are ranked lower than 29 (%) of all global equities and portfolios over the last 30 days.

Pair trading matchups for HCP Inc

Health Care REIT Inc vs. HCP Inc
Ventas Inc vs. HCP Inc
Healthcare Trust of America Inc vs. HCP Inc
Omega Healthcare Investors Inc vs. HCP Inc
Senior Housing Properties Trust vs. HCP Inc
The GEO Group Inc vs. HCP Inc
Healthcare Realty Trust Incorporated vs. HCP Inc
Medical Properties Trust Inc vs. HCP Inc
National Health Investors Inc vs. HCP Inc

VMware Inc

Over the last 30 days VMware Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

Pair trading matchups for VMware

Infosys Ltd vs. VMware Inc
Autodesk Inc vs. VMware Inc
Concur Technologies Inc vs. VMware Inc
PTC Inc vs. VMware Inc
National Instruments Corporation vs. VMware Inc
Tyler Technologies Inc vs. VMware Inc
Mentor Graphics Corp vs. VMware Inc
ACI Worldwide Inc vs. VMware Inc
ScanSource Inc vs. VMware Inc



Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder

Research Modules

Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management

Services And Technology

Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing

Free Investor Tools

World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis

About Us

About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities