- 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 generate 1.71 times more return on investment than Merck. However, Yahoo is 1.71 times more volatile than Merck Co Inc. It trades about 0.03 of its potential returns per unit of risk. Merck Co Inc is currently generating about -0.31 per unit of risk. If you would invest 4,121 in Yahoo Inc on November 9, 2016 and sell it today you would earn a total of 37.00 from holding Yahoo Inc or generate 0.9% return on investment over 30 days.