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. See also your portfolio center. Please also check ongoing floating volatility patterns of Microsoft and Expedia.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Microsoft Corporation is expected to generate 1.05 times more return on investment than Expedia. However, Microsoft is 1.05 times more volatile than Expedia Inc. It trades about 0.04 of its potential returns per unit of risk. Expedia Inc is currently generating about -0.1 per unit of risk. If you would invest 6,427 in Microsoft Corporation on January 26, 2017 and sell it today you would earn a total of 35.00 from holding Microsoft Corporation or generate 0.54% return on investment over 30 days.