|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 Corporation and Expedia Inc 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 Corporation with a short position of Expedia Inc. Please also check ongoing floating volatility patterns of Microsoft Corporation and Expedia Inc.Microsoft Corp. vs Expedia Inc.
Given the investment horizon of 30 days, Microsoft Corporation is expected to generate 0.68 times more return on investment than Expedia Inc. However, Microsoft Corporation is 1.47 times less risky than Expedia Inc. It trades about -0.14 of its potential returns per unit of risk. Expedia Inc is currently generating about -0.1 per unit of risk. If you would invest 5,277 in Microsoft Corporation on January 12, 2016 and sell it today you would lose (383.00) from holding Microsoft Corporation or give up 7.26% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for Microsoft Corporation
Pair trading matchups for Expedia Inc