|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 under-perform the VMware Inc. But the stock apears to be less risky and, when comparing its historical volatility, Yahoo Inc is 1.1 times less risky than VMware Inc. The stock trades about -0.27 of its potential returns per unit of risk. The VMware Inc is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest 6,015 in VMware Inc on October 30, 2015 and sell it today you would earn a total of 30.00 from holding VMware Inc or generate 0.5% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Yahoo Inc
Pair trading matchups for VMware Inc