- Companies in United States
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. See also your portfolio center.Please also check ongoing floating volatility patterns of Yahoo and VMware.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Yahoo is expected to generate 1.65 times less return on investment than VMware. In addition to that, Yahoo is 1.01 times more volatile than VMware Inc. It trades about 0.11 of its total potential returns per unit of risk. VMware Inc is currently generating about 0.19 per unit of volatility. If you would invest 7,644 in VMware Inc on November 11, 2016 and sell it today you would earn a total of 414.00 from holding VMware Inc or generate 5.42% return on investment over 30 days.