|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 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 AG vs VMware Inc.
|Daily Returns (%)|
Considering 30-days investment horizon, SAP AG is expected to generate 0.61 times more return on investment than VMware. However, SAP AG is 1.63 times less risky than VMware. It trades about -0.2 of its potential returns per unit of risk. VMware Inc is currently generating about -0.26 per unit of risk. If you would invest 7,164 in SAP AG on July 30, 2015 and sell it today you would lose (418.00) from holding SAP AG or give up 5.83% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for S A P
Pair trading matchups for VMware