- Companies in United States
- Peer Analysis
This module allows you to analyze existing cross correlation between Visa and Worldpay. You can compare the effects of market volatilities on Visa and Worldpay 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 Worldpay. See also your portfolio center. Please also check ongoing floating volatility patterns of Visa and Worldpay.
|Horizon||30 Days Login to change|
Visa and Worldpay Volatility Contrast
Predicted Return Density
Visa Inc vs. Worldpay Inc
If you would invest 7,566 in Worldpay on November 19, 2018 and sell it today you would earn a total of 0.00 from holding Worldpay or generate 0.0% return on investment over 30 days.
Pair Corralation between Visa and Worldpay
|Time Period||2 Months [change]|
Diversification Opportunities for Visa and Worldpay
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Visa Inc and Worldpay Inc in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Worldpay and Visa is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Visa are associated (or correlated) with Worldpay. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Worldpay has no effect on the direction of Visa i.e. Visa and Worldpay go up and down completely randomly.