This module allows you to analyze existing cross correlation between Target Corporation and Dollar General Corporation. You can compare the effects of market volatilities on Target and Dollar General 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 Target with a short position of Dollar General. See also your portfolio center. Please also check ongoing floating volatility patterns of Target and Dollar General.
|Time Horizon||30 Days Login to change|
Target Corp. vs. Dollar General Corp.
Considering 30-days investment horizon, Target Corporation is expected to generate 0.82 times more return on investment than Dollar General. However, Target Corporation is 1.23 times less risky than Dollar General. It trades about 0.02 of its potential returns per unit of risk. Dollar General Corporation is currently generating about 0.02 per unit of risk. If you would invest 7,687 in Target Corporation on May 19, 2018 and sell it today you would earn a total of 38.00 from holding Target Corporation or generate 0.49% return on investment over 30 days.