This module allows you to analyze existing cross correlation between International Business Machines Corporation and American Airlines Group. You can compare the effects of market volatilities on International Business and American Airlines 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 International Business with a short position of American Airlines. See also your portfolio center. Please also check ongoing floating volatility patterns of International Business and American Airlines.
|Time Horizon||30 Days Login to change|
International Business Machine vs. American Airlines Group Inc
Considering 30-days investment horizon, International Business Machines Corporation is expected to generate 0.38 times more return on investment than American Airlines. However, International Business Machines Corporation is 2.62 times less risky than American Airlines. It trades about -0.12 of its potential returns per unit of risk. American Airlines Group is currently generating about -0.13 per unit of risk. If you would invest 14,549 in International Business Machines Corporation on May 21, 2018 and sell it today you would lose (249.00) from holding International Business Machines Corporation or give up 1.71% of portfolio value over 30 days.