- Companies in United States
This module allows you to analyze existing cross correlation between Alphabet Inc and Yahoo Inc. You can compare the effects of market volatilities on Alphabet and Yahoo 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 Yahoo. See also your portfolio center.Please also check ongoing floating volatility patterns of Alphabet and Yahoo.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Alphabet Inc is expected to under-perform the Yahoo. But the stock apears to be less risky and, when comparing its historical volatility, Alphabet Inc is 1.02 times less risky than Yahoo. The stock trades about -0.07 of its potential returns per unit of risk. The Yahoo Inc is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 4,116 in Yahoo Inc on November 8, 2016 and sell it today you would lose (64.00) from holding Yahoo Inc or give up 1.55% of portfolio value over 30 days.