This module allows you to analyze existing cross correlation between Whirlpool Corporation and The Toro Company. You can compare the effects of market volatilities on Whirlpool and Toro 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 Toro. See also your portfolio center. Please also check ongoing floating volatility patterns of Whirlpool and Toro.
|Time Horizon||30 Days Login to change|
Whirlpool Corp. vs. The Toro Company
Considering 30-days investment horizon, Whirlpool Corporation is expected to under-perform the Toro. In addition to that, Whirlpool is 1.3 times more volatile than The Toro Company. It trades about -0.19 of its total potential returns per unit of risk. The Toro Company is currently generating about 0.03 per unit of volatility. If you would invest 6,132 in The Toro Company on May 20, 2018 and sell it today you would earn a total of 38.00 from holding The Toro Company or generate 0.62% return on investment over 30 days.