This module allows you to analyze existing cross correlation between Verint Systems and Altaba. You can compare the effects of market volatilities on Verint Systems and Altaba 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 Verint Systems with a short position of Altaba. See also your portfolio center. Please also check ongoing floating volatility patterns of Verint Systems and Altaba.
|Time Horizon||30 Days Login to change|
Verint Systems Inc vs. Altaba Inc
Given the investment horizon of 30 days, Verint Systems is expected to generate 1.46 times more return on investment than Altaba. However, Verint Systems is 1.46 times more volatile than Altaba. It trades about 0.23 of its potential returns per unit of risk. Altaba is currently generating about 0.23 per unit of risk. If you would invest 4,240 in Verint Systems on May 21, 2018 and sell it today you would earn a total of 320.00 from holding Verint Systems or generate 7.55% return on investment over 30 days.