diversifiable risk of combining Marfrig Global and Vascular Biogenics into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Marfrig Global Foods and Vascular Biogenics, you can compare the effects of market volatilities on Marfrig Global and Vascular Biogenics 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 Marfrig Global with a short position of Vascular Biogenics. Check out your portfolio center. Please also check ongoing floating volatility patterns of Marfrig Global and Vascular Biogenics.
Diversification Opportunities for Marfrig Global and Vascular Biogenics
Pair Corralation between Marfrig Global and Vascular Biogenics
If you would invest 16.00 in Vascular Biogenics on November 24, 2023 and sell it today you would earn a total of 0.00 from holding Vascular Biogenics or generate 0.0% return on investment over 90 days.
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Marfrig Global Foods vs. Vascular Biogenics
Marfrig Global and Vascular Biogenics Volatility Contrast
Pair Trading with Marfrig Global and Vascular BiogenicsThe main advantage of trading using opposite Marfrig Global and Vascular Biogenics positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Marfrig Global position performs unexpectedly, Vascular Biogenics can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vascular Biogenics will offset losses from the drop in Vascular Biogenics' long position. The idea behind Marfrig Global Foods and Vascular Biogenics pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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