This module allows you to analyze existing cross correlation between Whirlpool Corporation and Fortune Brands Home Security. You can compare the effects of market volatilities on Whirlpool and Fortune Brands 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 Whirlpool with a short position of Fortune Brands. See also your portfolio center. Please also check ongoing floating volatility patterns of Whirlpool and Fortune Brands.
|Time Horizon||30 Days Login to change|
Whirlpool Corp. vs. Fortune Brands Home Security I
Considering 30-days investment horizon, Whirlpool Corporation is expected to under-perform the Fortune Brands. In addition to that, Whirlpool is 1.9 times more volatile than Fortune Brands Home Security. It trades about -0.19 of its total potential returns per unit of risk. Fortune Brands Home Security is currently generating about -0.1 per unit of volatility. If you would invest 5,774 in Fortune Brands Home Security on May 19, 2018 and sell it today you would lose (147.00) from holding Fortune Brands Home Security or give up 2.55% of portfolio value over 30 days.