- 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 Inc is expected to under-perform the Microsoft. In addition to that, Alphabet is 1.17 times more volatile than Microsoft Corporation. It trades about -0.08 of its total potential returns per unit of risk. Microsoft Corporation is currently generating about -0.01 per unit of volatility. If you would invest 5,943 in Microsoft Corporation on November 2, 2016 and sell it today you would lose (19.00) from holding Microsoft Corporation or give up 0.32% of portfolio value over 30 days.