Macroaxis: Personalized Investing
Personalized Investing and
Digital Wealth Optimization

Benchmark  United States  NYSE  10,402   42.535 Index Moved Up 0.41%  


Processing
Collecting data for MSFT and EXPE ...

Correlation analysis between Microsoft and Expedia

 
 Companies |  Insiders  | Dashboard  
     
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 and Expedia and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. Please also check ongoing floating volatility patterns of Microsoft and Expedia.
 
 Microsoft Corp.  vs   Expedia Inc.
 Compare Fundamentals  
Daily Returns (%)
EXPE   MSFT   
 
Change Benchmark  Embed  Timeline 
Given investment horizon of 30 days, Microsoft Corporation is expected to generate 0.71 times more return on investment than Expedia. However, Microsoft Corporation is 1.42 times less risky than Expedia. It trades about 0.1 of its potential returns per unit of risk. Expedia Inc is currently generating about -0.19 per unit of risk. If you would invest  3,955  in Microsoft Corporation on March 16, 2014 and sell it today you would lose (37.00) from holding Microsoft Corporation or give up 0.94% of portfolio value over 30 days.

Diversification

Average diversification
Overlapping area represents amount of risk that can be diversified away by holding Microsoft Corp. and Expedia Inc. in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.14
Parameters
Time Period1 Month [change]
DirectionPositive EXPE Moved Up vs MSFT
StrengthInsignificant
Accuracy95.0%
ValuesDaily Returns
Follow Correlation between MSFT and EXPE with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Share Correlation between MSFT and EXPE 
Find Opportunities
 
Predicted Return Density
 
Embed  
Returns:   
EXPE   MSFT   

Microsoft Corporation

 
    
Compared with the overall equity markets, risk-adjusted returns on investments in Microsoft Corporation are ranked lower than 5 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Microsoft

Automatic Data Processing Inc vs. Microsoft Corporation
Cognizant Technology Solutions Corporation vs. Microsoft Corporation
CA Technologies vs. Microsoft Corporation
Citrix Systems Inc vs. Microsoft Corporation
F5 Networks Inc vs. Microsoft Corporation
NetSuite Inc vs. Microsoft Corporation
Iron Mountain Inc vs. Microsoft Corporation
Jack Henry Associates Inc vs. Microsoft Corporation
Solera Holdings Inc vs. Microsoft Corporation
Informatica Corporation vs. Microsoft Corporation
  

Expedia Inc

 
    
Over the last 30 days Expedia Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    

Match-ups for Expedia

Hilton Worldwide Holdings Inc vs. Expedia Inc
Marriott International Inc vs. Expedia Inc
Starwood Hotels Resorts Worldwide Inc vs. Expedia Inc
Wyndham Worldwide Corporation vs. Expedia Inc
Intercontinental Hotels Group plc vs. Expedia Inc
Ctrip International Ltd vs. Expedia Inc
Choice Hotels International Inc vs. Expedia Inc
Home Inns Hotels Management Inc vs. Expedia Inc
OrientExpress Hotels Ltd vs. Expedia Inc
Morgans Hotel Group Co vs. Expedia Inc
Red Lion Hotels Corporation vs. Expedia Inc