- Companies in United States
This module allows you to analyze existing cross correlation between Merck Co Inc and salesforce inc. You can compare the effects of market volatilities on Merck and Salesforce 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 Merck with a short position of Salesforce. See also your portfolio center.Please also check ongoing floating volatility patterns of Merck and Salesforce.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Merck Co Inc is expected to generate 0.8 times more return on investment than Salesforce. However, Merck Co Inc is 1.26 times less risky than Salesforce. It trades about -0.01 of its potential returns per unit of risk. salesforce inc is currently generating about -0.13 per unit of risk. If you would invest 6,051 in Merck Co Inc on November 8, 2016 and sell it today you would lose (45.00) from holding Merck Co Inc or give up 0.74% of portfolio value over 30 days.