|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Oracle Corporation and VMware Inc. You can compare the effects of market volatilities on Oracle and VMware 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 Oracle with a short position of VMware. Please also check ongoing floating volatility patterns of Oracle and VMware.Oracle Corp. vs VMware Inc.
Given the investment horizon of 30 days, Oracle Corporation is expected to under-perform the VMware. But the stock apears to be less risky and, when comparing its historical volatility, Oracle Corporation is 1.11 times less risky than VMware. The stock trades about -0.06 of its potential returns per unit of risk. The VMware Inc is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 5,963 in VMware Inc on May 27, 2016 and sell it today you would lose (109.00) from holding VMware Inc or give up 1.83% of portfolio value over 30 days.