|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.
|Daily Returns (%)|
Given the investment horizon of 30 days, Oracle Corporation is expected to generate 0.74 times more return on investment than VMware. However, Oracle Corporation is 1.34 times less risky than VMware. It trades about -0.15 of its potential returns per unit of risk. VMware Inc is currently generating about -0.22 per unit of risk. If you would invest 3,979 in Oracle Corporation on July 29, 2015 and sell it today you would lose (233.00) from holding Oracle Corporation or give up 5.86% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Oracle
Pair trading matchups for VMware