|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 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. Please also check ongoing floating volatility patterns of S A P and VMware.SAP SE vs VMware Inc.
Considering 30-days investment horizon, SAP SE is expected to under-perform the VMware. But the stock apears to be less risky and, when comparing its historical volatility, SAP SE is 2.41 times less risky than VMware. The stock trades about -0.03 of its potential returns per unit of risk. The VMware Inc is currently generating about 0.16 of returns per unit of risk over similar time horizon. If you would invest 5,170 in VMware Inc on April 3, 2016 and sell it today you would earn a total of 563.00 from holding VMware Inc or generate 10.89% return on investment over 30 days.
Historical Performance Chart