|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 Inc 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 Inc with a short position of Oracle. Please also check ongoing floating volatility patterns of VMware Inc 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 Inc is 1.5 times more volatile than Oracle Corporation. It trades about -0.24 of its total potential returns per unit of risk. Oracle Corporation is currently generating about 0.03 per unit of volatility. If you would invest 3,756 in Oracle Corporation on September 13, 2015 and sell it today you would earn a total of 26.00 from holding Oracle Corporation or generate 0.69% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for VMware Inc
Pair trading matchups for Oracle