- Companies in United States
This module allows you to analyze existing cross correlation between Apple Inc and International Business Machines Corporation. You can compare the effects of market volatilities on Apple and International Business 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 International Business. See also your portfolio center. Please also check ongoing floating volatility patterns of Apple and International Business.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Apple Inc is expected to generate 0.77 times more return on investment than International Business. However, Apple Inc is 1.29 times less risky than International Business. It trades about 0.29 of its potential returns per unit of risk. International Business Machines Corporation is currently generating about 0.06 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.