|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. In addition to that, S A P is 1.18 times more volatile than VMware Inc. It trades about -0.13 of its total potential returns per unit of risk. VMware Inc is currently generating about -0.15 per unit of volatility. If you would invest 6,056 in VMware Inc on May 30, 2016 and sell it today you would lose (426.00) from holding VMware Inc or give up 7.03% of portfolio value over 30 days.