- Companies in United States
This module allows you to analyze existing cross correlation between Microsoft Corporation and JPMorgan Chase Co. You can compare the effects of market volatilities on Microsoft 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 Microsoft with a short position of JPMorgan Chase. See also your portfolio center.Please also check ongoing floating volatility patterns of Microsoft and JPMorgan Chase.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Microsoft is expected to generate 2.2 times less return on investment than JPMorgan Chase. But when comparing it to its historical volatility, Microsoft Corporation is 1.05 times less risky than JPMorgan Chase. It trades about 0.21 of its potential returns per unit of risk. JPMorgan Chase Co is currently generating about 0.43 of returns per unit of risk over similar time horizon. If you would invest 7,669 in JPMorgan Chase Co on November 11, 2016 and sell it today you would earn a total of 880.00 from holding JPMorgan Chase Co or generate 11.47% return on investment over 30 days.