|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between SAP AG 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 AG vs VMware Inc.
|Daily Returns (%)|
Considering 30-days investment horizon, SAP AG is expected to generate 1.08 times more return on investment than VMware Inc. However, S A P is 1.08 times more volatile than VMware Inc. It trades about 0.07 of its potential returns per unit of risk. VMware Inc is currently generating about 0.04 per unit of risk. If you would invest 6,635 in SAP AG on September 6, 2015 and sell it today you would earn a total of 97.00 from holding SAP AG or generate 1.46% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for S A P
Pair trading matchups for VMware Inc