This module allows you to analyze existing cross correlation between Microsoft Corporation and Expedia. 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.
|Time Horizon||30 Days Login to change|
Microsoft Corp. vs. Expedia Inc
Given the investment horizon of 30 days, Microsoft is expected to generate 2.36 times less return on investment than Expedia. But when comparing it to its historical volatility, Microsoft Corporation is 1.45 times less risky than Expedia. It trades about 0.17 of its potential returns per unit of risk. Expedia is currently generating about 0.28 of returns per unit of risk over similar time horizon. If you would invest 11,636 in Expedia on May 20, 2018 and sell it today you would earn a total of 831.00 from holding Expedia or generate 7.14% return on investment over 30 days.