- Companies in United States
This module allows you to analyze existing cross correlation between Exxon Mobil Corporation and Microsoft Corporation. You can compare the effects of market volatilities on Exxon and Microsoft 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 Microsoft. See also your portfolio center.Please also check ongoing floating volatility patterns of Exxon and Microsoft.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Exxon is expected to generate 1.0 times less return on investment than Microsoft. But when comparing it to its historical volatility, Exxon Mobil Corporation is 1.02 times less risky than Microsoft. It trades about 0.18 of its potential returns per unit of risk. Microsoft Corporation is currently generating about 0.18 of returns per unit of risk over similar time horizon. If you would invest 5,795 in Microsoft Corporation on September 27, 2016 and sell it today you would earn a total of 268.00 from holding Microsoft Corporation or generate 4.62% return on investment over 30 days.