- Companies in United States
This module allows you to analyze existing cross correlation between Microsoft Corporation and Merck Co Inc. You can compare the effects of market volatilities on Microsoft and Merck 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 Merck. See also your portfolio center.Please also check ongoing floating volatility patterns of Microsoft and Merck.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Microsoft Corporation is expected to generate 1.02 times more return on investment than Merck. However, Microsoft is 1.02 times more volatile than Merck Co Inc. It trades about 0.12 of its potential returns per unit of risk. Merck Co Inc is currently generating about -0.11 per unit of risk. If you would invest 5,782 in Microsoft Corporation on September 22, 2016 and sell it today you would earn a total of 184.00 from holding Microsoft Corporation or generate 3.18% return on investment over 30 days.