- Companies in United States
This module allows you to analyze existing cross correlation between Merck Co Inc and JPMorgan Chase Co. You can compare the effects of market volatilities on Merck and JPMorgan Chase 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 JPMorgan Chase. See also your portfolio center.Please also check ongoing floating volatility patterns of Merck and JPMorgan Chase.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Merck Co Inc is expected to under-perform the JPMorgan Chase. In addition to that, Merck is 1.29 times more volatile than JPMorgan Chase Co. It trades about -0.11 of its total potential returns per unit of risk. JPMorgan Chase Co is currently generating about 0.09 per unit of volatility. If you would invest 6,739 in JPMorgan Chase Co on September 22, 2016 and sell it today you would earn a total of 110.00 from holding JPMorgan Chase Co or generate 1.63% return on investment over 30 days.