|Investment Horizon||30 Days Login to change|
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 Corporation 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 Corporation with a short position of TOTAL SA. Please also check ongoing floating volatility patterns of Hess Corporation and TOTAL SA.Hess Corp. vs TOTAL S.A.
Considering 30-days investment horizon, Hess Corporation is expected to under-perform the TOTAL SA. In addition to that, Hess Corporation is 1.95 times more volatile than TOTAL SA. It trades about -0.03 of its total potential returns per unit of risk. TOTAL SA is currently generating about 0.03 per unit of volatility. If you would invest 4,081 in TOTAL SA on January 10, 2016 and sell it today you would earn a total of 36.00 from holding TOTAL SA or generate 0.88% return on investment over 30 days.
Historical Performance Chart
Pair trading matchups for Hess Corporation
Pair trading matchups for TOTAL SA