- Companies in United States
This module allows you to analyze existing cross correlation between Exxon Mobil Corporation and Merck Co Inc. You can compare the effects of market volatilities on Exxon 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 Exxon with a short position of Merck. See also your portfolio center.Please also check ongoing floating volatility patterns of Exxon and Merck.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Exxon Mobil Corporation is expected to generate 1.01 times more return on investment than Merck. However, Exxon is 1.01 times more volatile than Merck Co Inc. It trades about 0.15 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 8,354 in Exxon Mobil Corporation on September 22, 2016 and sell it today you would earn a total of 308.00 from holding Exxon Mobil Corporation or generate 3.69% return on investment over 30 days.