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. See also your portfolio center.Please also check ongoing floating volatility patterns of S A P and VMware.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, SAP SE is expected to generate 1.29 times more return on investment than VMware. However, S A P is 1.29 times more volatile than VMware Inc. It trades about 0.19 of its potential returns per unit of risk. VMware Inc is currently generating about -0.05 per unit of risk. If you would invest 8,727 in SAP SE on August 26, 2016 and sell it today you would earn a total of 427.00 from holding SAP SE or generate 4.89% return on investment over 30 days.