This module allows you to analyze existing cross correlation between Whirlpool Corporation and The Middleby Corporation. You can compare the effects of market volatilities on Whirlpool and Middleby 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 Middleby. See also your portfolio center. Please also check ongoing floating volatility patterns of Whirlpool and Middleby.
|Time Horizon||30 Days Login to change|
Whirlpool Corp. vs. The Middleby Corp.
Considering 30-days investment horizon, Whirlpool Corporation is expected to under-perform the Middleby. In addition to that, Whirlpool is 1.3 times more volatile than The Middleby Corporation. It trades about -0.14 of its total potential returns per unit of risk. The Middleby Corporation is currently generating about 0.04 per unit of volatility. If you would invest 10,399 in The Middleby Corporation on May 25, 2018 and sell it today you would earn a total of 91.00 from holding The Middleby Corporation or generate 0.88% return on investment over 30 days.