|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between SAP SE and Alphabet Inc. You can compare the effects of market volatilities on S A P and Alphabet 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 S A P with a short position of Alphabet. Please also check ongoing floating volatility patterns of S A P and Alphabet.SAP SE vs Alphabet Inc.
Considering 30-days investment horizon, SAP SE is expected to generate 0.84 times more return on investment than Alphabet. However, SAP SE is 1.19 times less risky than Alphabet. It trades about -0.03 of its potential returns per unit of risk. Alphabet Inc is currently generating about -0.21 per unit of risk. If you would invest 8,020 in SAP SE on March 29, 2016 and sell it today you would lose (83.00) from holding SAP SE or give up 1.03% of portfolio value over 30 days.
Historical Performance Chart