- Companies in United States
This module allows you to analyze existing cross correlation between American Airlines Group Inc and Sprint Corporation. You can compare the effects of market volatilities on American Airlines and Sprint 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 Sprint. See also your portfolio center. Please also check ongoing floating volatility patterns of American Airlines and Sprint.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, American Airlines Group Inc is expected to under-perform the Sprint. But the stock apears to be less risky and, when comparing its historical volatility, American Airlines Group Inc is 1.2 times less risky than Sprint. The stock trades about -0.14 of its potential returns per unit of risk. The Sprint Corporation is currently generating about 0.09 of returns per unit of risk over similar time horizon. If you would invest 844.00 in Sprint Corporation on December 19, 2016 and sell it today you would earn a total of 21.00 from holding Sprint Corporation or generate 2.49% return on investment over 30 days.