This module allows you to analyze existing cross correlation between General Motors Company and Facebook. You can compare the effects of market volatilities on GM and Facebook 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 GM with a short position of Facebook. See also your portfolio center. Please also check ongoing floating volatility patterns of GM and Facebook.
|Time Horizon||30 Days Login to change|
General Motors Company vs. Facebook Inc
Allowing for the 30-days total investment horizon, General Motors Company is expected to generate 2.92 times more return on investment than Facebook. However, GM is 2.92 times more volatile than Facebook. It trades about 0.24 of its potential returns per unit of risk. Facebook is currently generating about 0.34 per unit of risk. If you would invest 3,809 in General Motors Company on May 19, 2018 and sell it today you would earn a total of 585.00 from holding General Motors Company or generate 15.36% return on investment over 30 days.