|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 and Total 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 with a short position of Total. Please also check ongoing floating volatility patterns of Petrobras and Total.Petrobras Argentina SA vs Total SA
|Daily Returns (%)|
Considering 30-days investment horizon, Petrobras Argentina SA is expected to under-perform the Total. But the stock apears to be less risky and, when comparing its historical volatility, Petrobras Argentina SA is 1.14 times less risky than Total. The stock trades about -0.4 of its potential returns per unit of risk. The Total SA is currently generating about -0.13 of returns per unit of risk over similar time horizon. If you would invest 4,920 in Total SA on July 30, 2015 and sell it today you would lose (311.00) from holding Total SA or give up 6.32% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density