- Companies in United States
This module allows you to analyze existing cross correlation between Exxon Mobil Corporation and Alphabet Inc. You can compare the effects of market volatilities on Exxon and Alphabet 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 Exxon with a short position of Alphabet. See also your portfolio center.Please also check ongoing floating volatility patterns of Exxon and Alphabet.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Exxon Mobil Corporation is expected to generate 1.44 times more return on investment than Alphabet. However, Exxon is 1.44 times more volatile than Alphabet Inc. It trades about 0.15 of its potential returns per unit of risk. Alphabet Inc is currently generating about 0.09 per unit of risk. If you would invest 8,345 in Exxon Mobil Corporation on September 23, 2016 and sell it today you would earn a total of 317.00 from holding Exxon Mobil Corporation or generate 3.8% return on investment over 30 days.