|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.
Given the investment horizon of 30 days, Yahoo is expected to generate 2.86 times less return on investment than VMware. But when comparing it to its historical volatility, Yahoo Inc is 1.72 times less risky than VMware. It trades about 0.37 of its potential returns per unit of risk. VMware Inc is currently generating about 0.62 of returns per unit of risk over similar time horizon. If you would invest 5,534 in VMware Inc on June 27, 2016 and sell it today you would earn a total of 1,734 from holding VMware Inc or generate 31.33% return on investment over 30 days.