|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 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 with a short position of VMware. Please also check ongoing floating volatility patterns of HCP and VMware.HCP Inc. vs VMware Inc.
Considering 30-days investment horizon, HCP Inc is expected to under-perform the VMware. But the stock apears to be less risky and, when comparing its historical volatility, HCP Inc is 1.06 times less risky than VMware. The stock trades about -0.01 of its potential returns per unit of risk. The VMware Inc is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 7,249 in VMware Inc on August 1, 2016 and sell it today you would earn a total of 84.00 from holding VMware Inc or generate 1.16% return on investment over 30 days.