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 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 with a short position of Salesforce. See also your portfolio center.Please also check ongoing floating volatility patterns of VMware and Salesforce.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, VMware Inc is expected to generate 0.57 times more return on investment than Salesforce. However, VMware Inc is 1.75 times less risky than Salesforce. It trades about -0.05 of its potential returns per unit of risk. salesforce inc is currently generating about -0.36 per unit of risk. If you would invest 7,425 in VMware Inc on August 26, 2016 and sell it today you would lose (87.00) from holding VMware Inc or give up 1.17% of portfolio value over 30 days.