- Companies in United States
This module allows you to analyze existing cross correlation between Merck Co Inc and Alphabet Inc. You can compare the effects of market volatilities on Merck and Alphabet 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 Alphabet. See also your portfolio center.Please also check ongoing floating volatility patterns of Merck and Alphabet.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Merck Co Inc is expected to under-perform the Alphabet. In addition to that, Merck is 1.43 times more volatile than Alphabet Inc. It trades about -0.11 of its total potential returns per unit of risk. Alphabet Inc is currently generating about 0.09 per unit of volatility. If you would invest 78,690 in Alphabet Inc on September 23, 2016 and sell it today you would earn a total of 1,247 from holding Alphabet Inc or generate 1.58% return on investment over 30 days.