|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Petrobras Argentina SA and TOTAL SA. You can compare the effects of market volatilities on Petrobras Argentina and TOTAL SA 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 Petrobras Argentina with a short position of TOTAL SA. Please also check ongoing floating volatility patterns of Petrobras Argentina and TOTAL SA.Petrobras Argentina SA vs TOTAL S.A.
Considering 30-days investment horizon, Petrobras Argentina SA is expected to generate 0.36 times more return on investment than TOTAL SA. However, Petrobras Argentina SA is 2.76 times less risky than TOTAL SA. It trades about 0.02 of its potential returns per unit of risk. TOTAL SA is currently generating about -0.08 per unit of risk. If you would invest 623.00 in Petrobras Argentina SA on June 23, 2016 and sell it today you would earn a total of 2.00 from holding Petrobras Argentina SA or generate 0.32% return on investment over 30 days.