|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Macys Inc and BonTon Stores Inc. You can compare the effects of market volatilities on Macys and BonTon Stores 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 Macys with a short position of BonTon Stores. Please also check ongoing floating volatility patterns of Macys and BonTon Stores.Macys Inc. vs BonTon Stores Inc.
Taking into account the 30 trading days horizon, Macys Inc is expected to under-perform the BonTon Stores. But the stock apears to be less risky and, when comparing its historical volatility, Macys Inc is 2.44 times less risky than BonTon Stores. The stock trades about -0.21 of its potential returns per unit of risk. The BonTon Stores Inc is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 221.00 in BonTon Stores Inc on April 3, 2016 and sell it today you would earn a total of 5.00 from holding BonTon Stores Inc or generate 2.26% return on investment over 30 days.
Historical Performance Chart