|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
|Daily Returns (%)|
Considering 30-days investment horizon, VMware Inc is expected to generate 35.36 times less return on investment than Salesforce. But when comparing it to its historical volatility, VMware Inc is 2.16 times less risky than Salesforce. It trades about 0.01 of its potential returns per unit of risk. Salesforce Inc is currently generating about 0.22 of returns per unit of risk over similar time horizon. If you would invest 6,713 in Salesforce Inc on September 4, 2015 and sell it today you would earn a total of 680 from holding Salesforce Inc or generate 10.13% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for VMware Inc
Pair trading matchups for Salesforce