- 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 under-perform the TOTAL SA. In addition to that, Hess is 1.88 times more volatile than TOTAL SA. It trades about -0.37 of its total potential returns per unit of risk. TOTAL SA is currently generating about 0.1 per unit of volatility. If you would invest 5,047 in TOTAL SA on December 25, 2016 and sell it today you would earn a total of 75.00 from holding TOTAL SA or generate 1.49% return on investment over 30 days.