- Companies in United States
This module allows you to analyze existing cross correlation between Alphabet Inc and Agilent Technologies Inc. You can compare the effects of market volatilities on Alphabet and Agilent Technologies 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 Alphabet with a short position of Agilent Technologies. See also your portfolio center.Please also check ongoing floating volatility patterns of Alphabet and Agilent Technologies.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Alphabet Inc is expected to generate 0.5 times more return on investment than Agilent Technologies. However, Alphabet Inc is 1.98 times less risky than Agilent Technologies. It trades about 0.24 of its potential returns per unit of risk. Agilent Technologies Inc is currently generating about -0.19 per unit of risk. If you would invest 77,421 in Alphabet Inc on September 25, 2016 and sell it today you would earn a total of 3,346 from holding Alphabet Inc or generate 4.32% return on investment over 30 days.