This module allows you to analyze existing cross correlation between Energy Today and Otis Gold Corp. You can compare the effects of market volatilities on Energy Today and Otis Gold 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 Energy Today with a short position of Otis Gold. See also your portfolio center. Please also check ongoing floating volatility patterns of Energy Today and Otis Gold.
|Time Horizon||30 Days Login to change|
Energy Today Inc vs. Otis Gold Corp
Given the investment horizon of 30 days, Energy Today is expected to generate 0.61 times more return on investment than Otis Gold. However, Energy Today is 1.64 times less risky than Otis Gold. It trades about 0.02 of its potential returns per unit of risk. Otis Gold Corp is currently generating about -0.06 per unit of risk. If you would invest 5.50 in Energy Today on May 20, 2018 and sell it today you would earn a total of 0.00 from holding Energy Today or generate 0.0% return on investment over 30 days.