This module allows you to analyze existing cross correlation between Microsoft Corporation and Amdocs Limited. You can compare the effects of market volatilities on Microsoft and Amdocs 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 Microsoft with a short position of Amdocs. See also your portfolio center. Please also check ongoing floating volatility patterns of Microsoft and Amdocs.
|Time Horizon||30 Days Login to change|
Microsoft Corp. vs. Amdocs Limited
Given the investment horizon of 30 days, Microsoft is expected to generate 1.69 times less return on investment than Amdocs. In addition to that, Microsoft is 1.15 times more volatile than Amdocs Limited. It trades about 0.15 of its total potential returns per unit of risk. Amdocs Limited is currently generating about 0.29 per unit of volatility. If you would invest 6,596 in Amdocs Limited on May 23, 2018 and sell it today you would earn a total of 301.00 from holding Amdocs Limited or generate 4.56% return on investment over 30 days.