- Companies in United States
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. See also your portfolio center.Please also check ongoing floating volatility patterns of VMware and Oracle.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, VMware is expected to generate 2.57 times less return on investment than Oracle. In addition to that, VMware is 1.25 times more volatile than Oracle Corporation. It trades about 0.02 of its total potential returns per unit of risk. Oracle Corporation is currently generating about 0.06 per unit of volatility. If you would invest 3,803 in Oracle Corporation on November 2, 2016 and sell it today you would earn a total of 53.00 from holding Oracle Corporation or generate 1.39% return on investment over 30 days.