This module allows you to analyze existing cross correlation between T and Alphabet. You can compare the effects of market volatilities on T and Alphabet 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 Alphabet. See also your portfolio center. Please also check ongoing floating volatility patterns of T and Alphabet.
|Time Horizon||30 Days Login to change|
AT&T INC. vs. Alphabet Inc
Taking into account the 30 trading days horizon, T is expected to under-perform the Alphabet. In addition to that, T is 1.59 times more volatile than Alphabet. It trades about -0.03 of its total potential returns per unit of risk. Alphabet is currently generating about 0.33 per unit of volatility. If you would invest 107,958 in Alphabet on May 21, 2018 and sell it today you would earn a total of 9,026 from holding Alphabet or generate 8.36% return on investment over 30 days.