|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 SA and Hess Corporation 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 SA with a short position of Hess Corporation. Please also check ongoing floating volatility patterns of Total SA and Hess Corporation.Total SA vs Hess Corp.
|Daily Returns (%)|
Considering 30-days investment horizon, Total SA is expected to generate 0.83 times more return on investment than Hess Corporation. However, Total SA is 1.2 times less risky than Hess Corporation. It trades about 0.28 of its potential returns per unit of risk. Hess Corporation is currently generating about 0.1 per unit of risk. If you would invest 4,525 in Total SA on September 7, 2015 and sell it today you would earn a total of 599 from holding Total SA or generate 13.24% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density