This module allows you to analyze existing cross correlation between American Airlines Group Inc and Delta Air Lines Inc. You can compare the effects of market volatilities on American Airlines and Delta Air 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 American Airlines with a short position of Delta Air. See also your portfolio center. Please also check ongoing floating volatility patterns of American Airlines and Delta Air.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, American Airlines Group Inc is expected to under-perform the Delta Air. In addition to that, American Airlines is 1.41 times more volatile than Delta Air Lines Inc. It trades about -0.07 of its total potential returns per unit of risk. Delta Air Lines Inc is currently generating about 0.02 per unit of volatility. If you would invest 5,019 in Delta Air Lines Inc on January 25, 2017 and sell it today you would earn a total of 29.00 from holding Delta Air Lines Inc or generate 0.58% return on investment over 30 days.