- Companies in United States
This module allows you to analyze existing cross correlation between JPMorgan Chase Co and Exxon Mobil Corporation. You can compare the effects of market volatilities on JPMorgan Chase and Exxon 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 JPMorgan Chase with a short position of Exxon. See also your portfolio center.Please also check ongoing floating volatility patterns of JPMorgan Chase and Exxon.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, JPMorgan Chase is expected to generate 1.6 times less return on investment than Exxon. But when comparing it to its historical volatility, JPMorgan Chase Co is 1.28 times less risky than Exxon. It trades about 0.12 of its potential returns per unit of risk. Exxon Mobil Corporation is currently generating about 0.16 of returns per unit of risk over similar time horizon. If you would invest 8,330 in Exxon Mobil Corporation on September 21, 2016 and sell it today you would earn a total of 332.00 from holding Exxon Mobil Corporation or generate 3.99% return on investment over 30 days.