|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Tuesday Morning Corporation and Franchise Bancorp Inc. You can compare the effects of market volatilities on Tuesday Morning and Franchise Bancorp 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 Tuesday Morning with a short position of Franchise Bancorp. Please also check ongoing floating volatility patterns of Tuesday Morning and Franchise Bancorp.Tuesday Morning Corp. vs Franchise Bancorp Inc.
|Daily Returns (%)|
Given the investment horizon of 30 days, Tuesday Morning Corporation is expected to under-perform the Franchise Bancorp. But the stock apears to be less risky and, when comparing its historical volatility, Tuesday Morning Corporation is 3.02 times less risky than Franchise Bancorp. The stock trades about -0.15 of its potential returns per unit of risk. The Franchise Bancorp Inc is currently generating about 0.08 of returns per unit of risk over similar time horizon. If you would invest 170.00 in Franchise Bancorp Inc on September 10, 2015 and sell it today you would lose (5.00) from holding Franchise Bancorp Inc or give up 2.94% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density