- Companies in United States
This module allows you to analyze existing cross correlation between Yahoo Inc and Merck Co Inc. You can compare the effects of market volatilities on Yahoo 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 Yahoo with a short position of Merck. See also your portfolio center.Please also check ongoing floating volatility patterns of Yahoo and Merck.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Yahoo Inc is expected to under-perform the Merck. In addition to that, Yahoo is 1.03 times more volatile than Merck Co Inc. It trades about -0.11 of its total potential returns per unit of risk. Merck Co Inc is currently generating about -0.07 per unit of volatility. If you would invest 6,257 in Merck Co Inc on September 27, 2016 and sell it today you would lose (128.00) from holding Merck Co Inc or give up 2.05% of portfolio value over 30 days.