|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Total SA and Hess Corporation. You can compare the effects of market volatilities on Total and Hess 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 Total with a short position of Hess. Please also check ongoing floating volatility patterns of Total and Hess.Total SA vs Hess Corp.
|Daily Returns (%)|
Considering 30-days investment horizon, Total SA is expected to under-perform the Hess. But the stock apears to be less risky and, when comparing its historical volatility, Total SA is 1.58 times less risky than Hess. The stock trades about -0.13 of its potential returns per unit of risk. The Hess Corporation is currently generating about 0.01 of returns per unit of risk over similar time horizon. If you would invest 5,755 in Hess Corporation on August 4, 2015 and sell it today you would lose (15.00) from holding Hess Corporation or give up 0.26% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density