This module allows you to analyze existing cross correlation between CA and Alphabet. You can compare the effects of market volatilities on CA and Alphabet 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 CA with a short position of Alphabet. See also your portfolio center. Please also check ongoing floating volatility patterns of CA and Alphabet.
|Time Horizon||30 Days Login to change|
CA INC vs. Alphabet Inc
Allowing for the 30-days total investment horizon, CA is expected to generate 1.36 times less return on investment than Alphabet. But when comparing it to its historical volatility, CA is 2.16 times less risky than Alphabet. It trades about 0.48 of its potential returns per unit of risk. Alphabet is currently generating about 0.3 of returns per unit of risk over similar time horizon. If you would invest 107,958 in Alphabet on May 19, 2018 and sell it today you would earn a total of 7,268 from holding Alphabet or generate 6.73% return on investment over 30 days.