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 2.05 times more return on investment than International Business. However, Apple is 2.05 times more volatile than International Business Machines Corporation. It trades about 0.4 of its potential returns per unit of risk. International Business Machines Corporation is currently generating about 0.12 per unit of risk. If you would invest 12,185 in Apple Inc on January 25, 2017 and sell it today you would earn a total of 1,481 from holding Apple Inc or generate 12.15% return on investment over 30 days.