- Companies in United States
This module allows you to analyze existing cross correlation between ATT Inc and Merck Co Inc. You can compare the effects of market volatilities on ATT 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 ATT with a short position of Merck. See also your portfolio center.Please also check ongoing floating volatility patterns of ATT and Merck.
|Investment Horizon||30 Days Login to change|
Taking into account the 30 trading days horizon, ATT Inc is expected to generate 1.25 times more return on investment than Merck. However, ATT is 1.25 times more volatile than Merck Co Inc. It trades about 0.43 of its potential returns per unit of risk. Merck Co Inc is currently generating about -0.23 per unit of risk. If you would invest 3,651 in ATT Inc on November 11, 2016 and sell it today you would earn a total of 387.00 from holding ATT Inc or generate 10.6% return on investment over 30 days.