|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 2.27 times less return on investment than Google Inc. In addition to that, VMware Inc is 1.43 times more volatile than Google Inc. It trades about 0.06 of its total potential returns per unit of risk. Google Inc is currently generating about 0.19 per unit of volatility. If you would invest 72,111 in Google Inc on October 31, 2015 and sell it today you would earn a total of 2,915 from holding Google Inc or generate 4.04% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for VMware Inc
Pair trading matchups for Google Inc