|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between VMware Inc and Oracle Corporation. You can compare the effects of market volatilities on VMware and Oracle 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 Oracle. Please also check ongoing floating volatility patterns of VMware and Oracle.VMware Inc. vs Oracle Corp.
|Daily Returns (%)|
Considering 30-days investment horizon, VMware Inc is expected to under-perform the Oracle. In addition to that, VMware is 1.32 times more volatile than Oracle Corporation. It trades about -0.28 of its total potential returns per unit of risk. Oracle Corporation is currently generating about -0.17 per unit of volatility. If you would invest 3,994 in Oracle Corporation on July 31, 2015 and sell it today you would lose (248.00) from holding Oracle Corporation or give up 6.21% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for VMware
Pair trading matchups for Oracle