|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 Inc and Microsoft Corporation 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 Microsoft Corporation. Please also check ongoing floating volatility patterns of VMware Inc and Microsoft Corporation.VMware Inc. vs Microsoft Corp.
Considering 30-days investment horizon, VMware Inc is expected to under-perform the Microsoft Corporation. In addition to that, VMware Inc is 1.14 times more volatile than Microsoft Corporation. It trades about -0.33 of its total potential returns per unit of risk. Microsoft Corporation is currently generating about -0.07 per unit of volatility. If you would invest 5,233 in Microsoft Corporation on January 8, 2016 and sell it today you would lose (217.00) from holding Microsoft Corporation or give up 4.15% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for VMware Inc
Pair trading matchups for Microsoft Corporation