This module allows you to analyze existing cross correlation between International Business Machines Corporation and Citigroup. You can compare the effects of market volatilities on International Business 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 International Business with a short position of Citigroup. See also your portfolio center. Please also check ongoing floating volatility patterns of International Business and Citigroup.
|Time Horizon||30 Days Login to change|
International Business Machine vs. Citigroup Inc
Considering 30-days investment horizon, International Business Machines Corporation is expected to under-perform the Citigroup. But the stock apears to be less risky and, when comparing its historical volatility, International Business Machines Corporation is 1.43 times less risky than Citigroup. The stock trades about -0.1 of its potential returns per unit of risk. The Citigroup is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest 6,571 in Citigroup on May 26, 2018 and sell it today you would earn a total of 17.00 from holding Citigroup or generate 0.26% return on investment over 30 days.