- Companies in United States
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 0.9 times more return on investment than Expedia. However, Microsoft Corporation is 1.11 times less risky than Expedia. It trades about 0.06 of its potential returns per unit of risk. Expedia Inc is currently generating about -0.08 per unit of risk. If you would invest 6,046 in Microsoft Corporation on November 8, 2016 and sell it today you would earn a total of 91.00 from holding Microsoft Corporation or generate 1.51% return on investment over 30 days.