|Horizon||30 Days Login to change|
International Business Machine vs. Alcoa Corp.
Considering 30-days investment horizon, International Business Machines Corporation is expected to under-perform the Alcoa. But the stock apears to be less risky and, when comparing its historical volatility, International Business Machines Corporation is 1.11 times less risky than Alcoa. The stock trades about -0.24 of its potential returns per unit of risk. The Alcoa Corporation is currently generating about -0.13 of returns per unit of risk over similar time horizon. If you would invest 4,196 in Alcoa Corporation on September 23, 2018 and sell it today you would lose (421.00) from holding Alcoa Corporation or give up 10.03% of portfolio value over 30 days.
Pair Corralation between International Business and Alcoa