- Companies in United States
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 Energy 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 Energy with a short position of Exxon. See also your portfolio center. Please also check ongoing floating volatility patterns of Suncor Energy and Exxon.
|Investment Horizon||30 Days Login to change|
Allowing for the 30-days total investment horizon, Suncor Energy Inc is expected to generate 0.93 times more return on investment than Exxon. However, Suncor Energy Inc is 1.08 times less risky than Exxon. It trades about -0.21 of its potential returns per unit of risk. Exxon Mobil Corporation is currently generating about -0.3 per unit of risk. If you would invest 3,292 in Suncor Energy Inc on December 22, 2016 and sell it today you would lose (119.00) from holding Suncor Energy Inc or give up 3.61% of portfolio value over 30 days.