|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between VMware Inc and salesforce inc. You can compare the effects of market volatilities on VMware Inc and Salesforce 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 VMware Inc with a short position of Salesforce. Please also check ongoing floating volatility patterns of VMware Inc and Salesforce.VMware Inc. vs salesforce.com inc.
Considering 30-days investment horizon, VMware Inc is expected to generate 0.75 times more return on investment than Salesforce. However, VMware Inc is 1.34 times less risky than Salesforce. It trades about -0.34 of its potential returns per unit of risk. salesforce inc is currently generating about -0.29 per unit of risk. If you would invest 5,452 in VMware Inc on January 7, 2016 and sell it today you would lose (998.00) from holding VMware Inc or give up 18.31% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for VMware Inc
Pair trading matchups for Salesforce