- Companies in United States
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. See also your portfolio center.Please also check ongoing floating volatility patterns of Oracle and VMware.
|Investment Horizon||30 Days Login to change|
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 1.26 times less risky than VMware. The stock trades about -0.14 of its potential returns per unit of risk. The VMware Inc is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 7,344 in VMware Inc on September 25, 2016 and sell it today you would earn a total of 53.00 from holding VMware Inc or generate 0.72% return on investment over 30 days.