|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between SAP SE and VMware Inc. You can compare the effects of market volatilities on S A P 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 S A P with a short position of VMware Inc. Please also check ongoing floating volatility patterns of S A P and VMware Inc.SAP SE vs VMware Inc.
Considering 30-days investment horizon, SAP SE is expected to generate 0.67 times more return on investment than VMware Inc. However, SAP SE is 1.49 times less risky than VMware Inc. It trades about -0.11 of its potential returns per unit of risk. VMware Inc is currently generating about -0.29 per unit of risk. If you would invest 7,856 in SAP SE on January 11, 2016 and sell it today you would lose (361.00) from holding SAP SE or give up 4.6% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for S A P
Pair trading matchups for VMware Inc