This module allows you to analyze existing cross correlation between The Home Depot and Citigroup. You can compare the effects of market volatilities on Home Depot 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 Home Depot with a short position of Citigroup. See also your portfolio center. Please also check ongoing floating volatility patterns of Home Depot and Citigroup.
|Time Horizon||30 Days Login to change|
The Home Depot Inc vs. Citigroup Inc
Allowing for the 30-days total investment horizon, The Home Depot is expected to generate 0.66 times more return on investment than Citigroup. However, The Home Depot is 1.52 times less risky than Citigroup. It trades about 0.28 of its potential returns per unit of risk. Citigroup is currently generating about -0.19 per unit of risk. If you would invest 18,979 in The Home Depot on May 21, 2018 and sell it today you would earn a total of 942.00 from holding The Home Depot or generate 4.96% return on investment over 30 days.