This module allows you to analyze existing cross correlation between The Walt Disney Company and KongZhong Corporation. You can compare the effects of market volatilities on Disney and KongZhong 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 Disney with a short position of KongZhong. See also your portfolio center. Please also check ongoing floating volatility patterns of Disney and KongZhong.
|Investment Horizon||30 Days Login to change|
Considering 30-days investment horizon, Disney is expected to generate 1.29 times less return on investment than KongZhong. In addition to that, Disney is 1.47 times more volatile than KongZhong Corporation. It trades about 0.14 of its total potential returns per unit of risk. KongZhong Corporation is currently generating about 0.27 per unit of volatility. If you would invest 741.00 in KongZhong Corporation on March 26, 2017 and sell it today you would earn a total of 8.50 from holding KongZhong Corporation or generate 1.15% return on investment over 30 days.