Considering 30-days investment horizon, VMware Inc is expected to under-perform the Google. In addition to that, VMware is 1.08 times more volatile than Google Inc. It trades about -0.03 of its total potential returns per unit of risk. Google Inc is currently generating about 0.23 per unit of volatility. If you would invest 55,176 in Google Inc on June 13, 2014 and sell it today you would earn a total of 2,742 from holding Google Inc or generate 4.97% return on investment over 30 days.
Over the last 30 days VMware Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
Pair trading matchups for VMware
Compared with the overall equity markets, risk-adjusted returns on investments in Google Inc are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.
Pair trading matchups for Google