This module allows you to analyze existing cross correlation between Target Corporation and Vipshop Holdings Limited. You can compare the effects of market volatilities on Target and Vipshop Holdings 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 Vipshop Holdings. See also your portfolio center. Please also check ongoing floating volatility patterns of Target and Vipshop Holdings.
|Time Horizon||30 Days Login to change|
Target Corp. vs. Vipshop Holdings Limited
Considering 30-days investment horizon, Target Corporation is expected to generate 1.16 times more return on investment than Vipshop Holdings. However, Target is 1.16 times more volatile than Vipshop Holdings Limited. It trades about 0.0 of its potential returns per unit of risk. Vipshop Holdings Limited is currently generating about -0.11 per unit of risk. If you would invest 7,687 in Target Corporation on May 21, 2018 and sell it today you would lose (30.00) from holding Target Corporation or give up 0.39% of portfolio value over 30 days.