- Companies in United States
This module allows you to analyze existing cross correlation between Merck Co Inc and Microsoft Corporation. You can compare the effects of market volatilities on Merck and Microsoft 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 Microsoft. See also your portfolio center.Please also check ongoing floating volatility patterns of Merck and Microsoft.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Merck Co Inc is expected to under-perform the Microsoft. But the stock apears to be less risky and, when comparing its historical volatility, Merck Co Inc is 1.29 times less risky than Microsoft. The stock trades about -0.23 of its potential returns per unit of risk. The Microsoft Corporation is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest 5,902 in Microsoft Corporation on November 11, 2016 and sell it today you would earn a total of 295.00 from holding Microsoft Corporation or generate 5.0% return on investment over 30 days.