Correlation analysis between Oracle and VMware
|Oracle Corp. vs VMware Inc.|
Given investment horizon of 30 days, Oracle is expected to generate 2.08 times less return on investment than VMware. But when comparing it to its historical volatility, Oracle Corporation is 1.53 times less risky than VMware. It trades about 0.25 of its potential returns per unit of risk. VMware Inc is currently generating about 0.33 of returns per unit of risk over similar time horizon. If you would invest 9,306 in VMware Inc on February 9, 2014 and sell it today you would earn a total of 997 from holding VMware Inc or generate 10.71% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in Oracle Corporation are ranked lower than 13 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Oracle
Compared with the overall equity markets, risk-adjusted returns on investments in VMware Inc are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
Match-ups for VMware