|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Yahoo Inc and VMware Inc. You can compare the effects of market volatilities on Yahoo Inc and VMware Inc 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 Yahoo Inc with a short position of VMware Inc. Please also check ongoing floating volatility patterns of Yahoo Inc and VMware Inc.Yahoo! Inc. vs VMware Inc.
|Daily Returns (%)|
Given the investment horizon of 30 days, Yahoo Inc is expected to generate 1.12 times more return on investment than VMware Inc. However, Yahoo Inc is 1.12 times more volatile than VMware Inc. It trades about 0.14 of its potential returns per unit of risk. VMware Inc is currently generating about -0.24 per unit of risk. If you would invest 3,032 in Yahoo Inc on September 13, 2015 and sell it today you would earn a total of 202.00 from holding Yahoo Inc or generate 6.66% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Yahoo Inc
Pair trading matchups for VMware Inc