- Companies in United States
This module allows you to analyze existing cross correlation between Hess Corporation and TOTAL SA. You can compare the effects of market volatilities on Hess and TOTAL SA 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 Hess with a short position of TOTAL SA. See also your portfolio center.Please also check ongoing floating volatility patterns of Hess and TOTAL SA.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Hess Corporation is expected to generate 2.95 times more return on investment than TOTAL SA. However, Hess is 2.95 times more volatile than TOTAL SA. It trades about 0.32 of its potential returns per unit of risk. TOTAL SA is currently generating about 0.13 per unit of risk. If you would invest 4,774 in Hess Corporation on November 8, 2016 and sell it today you would earn a total of 1,321 from holding Hess Corporation or generate 27.67% return on investment over 30 days.