- Companies in United States
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. See also your portfolio center. Please also check ongoing floating volatility patterns of Tuesday Morning and Franchise Bancorp.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Tuesday Morning Corporation is expected to under-perform the Franchise Bancorp. In addition to that, Tuesday Morning is 3.1 times more volatile than Franchise Bancorp Inc. It trades about -0.19 of its total potential returns per unit of risk. Franchise Bancorp Inc is currently generating about 0.25 per unit of volatility. If you would invest 200.00 in Franchise Bancorp Inc on December 23, 2016 and sell it today you would earn a total of 10.00 from holding Franchise Bancorp Inc or generate 5.0% return on investment over 30 days.