This module allows you to analyze existing cross correlation between Ingram Micro Inc and Adams Resources Energy Inc. You can compare the effects of market volatilities on Ingram Micro and Adams Resources 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 Ingram Micro with a short position of Adams Resources. See also your portfolio center. Please also check ongoing floating volatility patterns of Ingram Micro and Adams Resources.
|Investment Horizon||30 Days Login to change|
Allowing for the 30-days total investment horizon, Ingram Micro Inc is expected to under-perform the Adams Resources. But the stock apears to be less risky and, when comparing its historical volatility, Ingram Micro Inc is 4.0 times less risky than Adams Resources. The stock trades about -0.19 of its potential returns per unit of risk. The Adams Resources Energy Inc is currently generating about 0.45 of returns per unit of risk over similar time horizon. If you would invest 3,624 in Adams Resources Energy Inc on September 17, 2017 and sell it today you would earn a total of 846 from holding Adams Resources Energy Inc or generate 23.34% return on investment over 30 days.