- Companies in United States
This module allows you to analyze existing cross correlation between Apple Inc and American Airlines Group Inc. You can compare the effects of market volatilities on Apple and American Airlines 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 Apple with a short position of American Airlines. See also your portfolio center. Please also check ongoing floating volatility patterns of Apple and American Airlines.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Apple Inc is expected to generate 0.39 times more return on investment than American Airlines. However, Apple Inc is 2.59 times less risky than American Airlines. It trades about 0.29 of its potential returns per unit of risk. American Airlines Group Inc is currently generating about -0.14 per unit of risk. If you would invest 11,664 in Apple Inc on December 19, 2016 and sell it today you would earn a total of 336.00 from holding Apple Inc or generate 2.88% return on investment over 30 days.