|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between VMware Inc and Microsoft Corporation. You can compare the effects of market volatilities on VMware and Microsoft 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 Microsoft. Please also check ongoing floating volatility patterns of VMware and Microsoft.VMware Inc. vs Microsoft Corp.
|Daily Returns (%)|
Considering 30-days investment horizon, VMware Inc is expected to under-perform the Microsoft. But the stock apears to be less risky and, when comparing its historical volatility, VMware Inc is 1.1 times less risky than Microsoft. The stock trades about -0.29 of its potential returns per unit of risk. The Microsoft Corporation is currently generating about -0.2 of returns per unit of risk over similar time horizon. If you would invest 4,681 in Microsoft Corporation on August 2, 2015 and sell it today you would lose (478.50) from holding Microsoft Corporation or give up 10.22% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density