- Companies in United States
This module allows you to analyze existing cross correlation between Yahoo Inc and salesforce inc. You can compare the effects of market volatilities on Yahoo and Salesforce 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 Yahoo with a short position of Salesforce. See also your portfolio center.Please also check ongoing floating volatility patterns of Yahoo and Salesforce.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Yahoo Inc is expected to under-perform the Salesforce. But the stock apears to be less risky and, when comparing its historical volatility, Yahoo Inc is 2.07 times less risky than Salesforce. The stock trades about -0.1 of its potential returns per unit of risk. The salesforce inc is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 7,005 in salesforce inc on September 27, 2016 and sell it today you would earn a total of 490.00 from holding salesforce inc or generate 7.0% return on investment over 30 days.