|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 and VMware 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 with a short position of VMware. Please also check ongoing floating volatility patterns of Yahoo and VMware.Yahoo! Inc. vs VMware Inc.
|Daily Returns (%)|
Given the investment horizon of 30 days, Yahoo Inc is expected to generate 1.17 times more return on investment than VMware. However, Yahoo is 1.17 times more volatile than VMware Inc. It trades about -0.18 of its potential returns per unit of risk. VMware Inc is currently generating about -0.35 per unit of risk. If you would invest 3,669 in Yahoo Inc on August 1, 2015 and sell it today you would lose (355.00) from holding Yahoo Inc or give up 9.68% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Yahoo
Pair trading matchups for VMware