|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Suncor Energy Inc and Exxon Mobil Corporation. You can compare the effects of market volatilities on Suncor and Exxon 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 Suncor with a short position of Exxon. Please also check ongoing floating volatility patterns of Suncor and Exxon.Suncor Energy Inc. vs Exxon Mobil Corp.
|Daily Returns (%)|
Allowing for the 30-days total investment horizon, Suncor Energy Inc is expected to generate 1.11 times more return on investment than Exxon. However, Suncor is 1.11 times more volatile than Exxon Mobil Corporation. It trades about 0.08 of its potential returns per unit of risk. Exxon Mobil Corporation is currently generating about -0.18 per unit of risk. If you would invest 2,668 in Suncor Energy Inc on July 29, 2015 and sell it today you would earn a total of 118.00 from holding Suncor Energy Inc or generate 4.42% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density