|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between VMware Inc and Google Inc. You can compare the effects of market volatilities on VMware Inc and Google Inc 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 Google Inc. Please also check ongoing floating volatility patterns of VMware Inc and Google Inc.VMware Inc. vs Google Inc.
|Daily Returns (%)|
Considering 30-days investment horizon, VMware Inc is expected to generate 8.02 times less return on investment than Google Inc. But when comparing it to its historical volatility, VMware Inc is 1.27 times less risky than Google Inc. It trades about 0.03 of its potential returns per unit of risk. Google Inc is currently generating about 0.17 of returns per unit of risk over similar time horizon. If you would invest 61,272 in Google Inc on September 9, 2015 and sell it today you would earn a total of 3,215 from holding Google Inc or generate 5.25% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for VMware Inc
Pair trading matchups for Google Inc