|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 Inc 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 Inc. Please also check ongoing floating volatility patterns of Oracle and VMware Inc.Oracle Corp. vs VMware Inc.
|Daily Returns (%)|
Given the investment horizon of 30 days, Oracle Corporation is expected to generate 0.67 times more return on investment than VMware Inc. However, Oracle Corporation is 1.5 times less risky than VMware Inc. It trades about 0.1 of its potential returns per unit of risk. VMware Inc is currently generating about 0.03 per unit of risk. If you would invest 3,837 in Oracle Corporation on October 26, 2015 and sell it today you would earn a total of 109.00 from holding Oracle Corporation or generate 2.84% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Oracle
Pair trading matchups for VMware Inc