Correlation analysis between VMware and Salesforce
|VMware Inc. vs Salesforce.com Inc|
Considering 30-days investment horizon, VMware Inc is expected to generate 0.6 times more return on investment than Salesforce. However, VMware Inc is 1.67 times less risky than Salesforce. It trades about 0.33 of its potential returns per unit of risk. Salesforce Inc is currently generating about -0.03 per unit of risk. If you would invest 9,306 in VMware Inc on February 9, 2014 and sell it today you would earn a total of 997 from holding VMware Inc or generate 10.71% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in VMware Inc are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
Match-ups for VMware
Over the last 30 days Salesforce Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Salesforce