|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Lear Corp and Johnson Controls Inc. You can compare the effects of market volatilities on Lear and Johnson 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 Lear with a short position of Johnson. Please also check ongoing floating volatility patterns of Lear and Johnson.Lear Corp. vs Johnson Controls Inc.
|Daily Returns (%)|
Considering 30-days investment horizon, Lear Corp is expected to generate 1.22 times more return on investment than Johnson. However, Lear is 1.22 times more volatile than Johnson Controls Inc. It trades about 0.0 of its potential returns per unit of risk. Johnson Controls Inc is currently generating about -0.25 per unit of risk. If you would invest 10,357 in Lear Corp on August 2, 2015 and sell it today you would lose (78.00) from holding Lear Corp or give up 0.75% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density