|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.
|Daily Returns (%)|
Given the investment horizon of 30 days, Microsoft Corporation is expected to generate 1.1 times less return on investment than Expedia Inc. But when comparing it to its historical volatility, Microsoft Corporation is 1.67 times less risky than Expedia Inc. It trades about 0.33 of its potential returns per unit of risk. Expedia Inc is currently generating about 0.22 of returns per unit of risk over similar time horizon. If you would invest 11,335 in Expedia Inc on September 9, 2015 and sell it today you would earn a total of 1,199 from holding Expedia Inc or generate 10.58% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density