This module allows you to analyze existing cross correlation between Microsoft Corporation and INTU. You can compare the effects of market volatilities on Microsoft and INTU 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 INTU. See also your portfolio center. Please also check ongoing floating volatility patterns of Microsoft and INTU.
|Time Horizon||30 Days Login to change|
Microsoft Corp. vs. INTUIT INC
Given the investment horizon of 30 days, Microsoft is expected to generate 3.02 times less return on investment than INTU. But when comparing it to its historical volatility, Microsoft Corporation is 1.2 times less risky than INTU. It trades about 0.09 of its potential returns per unit of risk. INTU is currently generating about 0.23 of returns per unit of risk over similar time horizon. If you would invest 19,623 in INTU on May 23, 2018 and sell it today you would earn a total of 975.00 from holding INTU or generate 4.97% return on investment over 30 days.