- Companies in United States
This module allows you to analyze existing cross correlation between Alphabet Inc and Microsoft Corporation. You can compare the effects of market volatilities on Alphabet and Microsoft 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 Microsoft. See also your portfolio center.Please also check ongoing floating volatility patterns of Alphabet and Microsoft.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Alphabet is expected to generate 1.37 times less return on investment than Microsoft. But when comparing it to its historical volatility, Alphabet Inc is 1.5 times less risky than Microsoft. It trades about 0.3 of its potential returns per unit of risk. Microsoft Corporation is currently generating about 0.27 of returns per unit of risk over similar time horizon. If you would invest 5,690 in Microsoft Corporation on September 25, 2016 and sell it today you would earn a total of 410.00 from holding Microsoft Corporation or generate 7.21% return on investment over 30 days.