Correlation analysis between VMware and Oracle
|VMware Inc. vs Oracle Corp.|
Considering 30-days investment horizon, VMware Inc is expected to generate 1.68 times more return on investment than Oracle. However, VMware is 1.68 times more volatile than Oracle Corporation. It trades about 0.33 of its potential returns per unit of risk. Oracle Corporation is currently generating about 0.39 per unit of risk. If you would invest 9,307 in VMware Inc on February 7, 2014 and sell it today you would earn a total of 844 from holding VMware Inc or generate 9.07% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in VMware Inc are ranked lower than 17 (%) of all global equities and portfolios over the last 30 days.
Match-ups for VMware
Compared with the overall equity markets, risk-adjusted returns on investments in Oracle Corporation are ranked lower than 21 (%) of all global equities and portfolios over the last 30 days.
Match-ups for Oracle