- Companies in United States
This module allows you to analyze existing cross correlation between Microsoft Corporation and Agilent Technologies Inc. You can compare the effects of market volatilities on Microsoft and Agilent Technologies 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 Microsoft with a short position of Agilent Technologies. See also your portfolio center.Please also check ongoing floating volatility patterns of Microsoft and Agilent Technologies.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Microsoft Corporation is expected to generate 0.96 times more return on investment than Agilent Technologies. However, Microsoft Corporation is 1.04 times less risky than Agilent Technologies. It trades about 0.13 of its potential returns per unit of risk. Agilent Technologies Inc is currently generating about -0.03 per unit of risk. If you would invest 5,776 in Microsoft Corporation on September 21, 2016 and sell it today you would earn a total of 193.00 from holding Microsoft Corporation or generate 3.34% return on investment over 30 days.