This module allows you to analyze existing cross correlation between Dell Technologies and Altaba. You can compare the effects of market volatilities on Dell Technologies and Altaba 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 Dell Technologies with a short position of Altaba. See also your portfolio center. Please also check ongoing floating volatility patterns of Dell Technologies and Altaba.
|Time Horizon||30 Days Login to change|
Dell Technologies Inc vs. Altaba Inc
Given the investment horizon of 30 days, Dell Technologies is expected to generate 1.5 times more return on investment than Altaba. However, Dell Technologies is 1.5 times more volatile than Altaba. It trades about 0.35 of its potential returns per unit of risk. Altaba is currently generating about 0.31 per unit of risk. If you would invest 8,047 in Dell Technologies on May 19, 2018 and sell it today you would earn a total of 792.00 from holding Dell Technologies or generate 9.84% return on investment over 30 days.