|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Microsoft Corporation and Expedia Inc. You can compare the effects of market volatilities on Microsoft and Expedia 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 Expedia. Please also check ongoing floating volatility patterns of Microsoft and Expedia.Microsoft Corp. vs Expedia Inc.
Given the investment horizon of 30 days, Microsoft is expected to generate 1.14 times less return on investment than Expedia. In addition to that, Microsoft is 1.31 times more volatile than Expedia Inc. It trades about 0.44 of its total potential returns per unit of risk. Expedia Inc is currently generating about 0.65 per unit of volatility. If you would invest 10,119 in Expedia Inc on June 28, 2016 and sell it today you would earn a total of 1,601 from holding Expedia Inc or generate 15.82% return on investment over 30 days.