This module allows you to analyze existing cross correlation between Visa and American Airlines Group. You can compare the effects of market volatilities on Visa and American Airlines 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 Visa with a short position of American Airlines. See also your portfolio center. Please also check ongoing floating volatility patterns of Visa and American Airlines.
|Time Horizon||30 Days Login to change|
Visa Inc vs. American Airlines Group Inc
Taking into account the 30 trading days horizon, Visa is expected to generate 0.53 times more return on investment than American Airlines. However, Visa is 1.88 times less risky than American Airlines. It trades about 0.18 of its potential returns per unit of risk. American Airlines Group is currently generating about -0.17 per unit of risk. If you would invest 13,066 in Visa on May 20, 2018 and sell it today you would earn a total of 435.00 from holding Visa or generate 3.33% return on investment over 30 days.