This module allows you to analyze existing cross correlation between T and Citigroup. You can compare the effects of market volatilities on T and Citigroup 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 T with a short position of Citigroup. See also your portfolio center. Please also check ongoing floating volatility patterns of T and Citigroup.
|Time Horizon||30 Days Login to change|
AT&T INC. vs. Citigroup Inc
Taking into account the 30 trading days horizon, T is expected to generate 1.38 times more return on investment than Citigroup. However, T is 1.38 times more volatile than Citigroup. It trades about 0.06 of its potential returns per unit of risk. Citigroup is currently generating about -0.22 per unit of risk. If you would invest 3,259 in T on May 19, 2018 and sell it today you would earn a total of 56.00 from holding T or generate 1.72% return on investment over 30 days.