This module allows you to analyze existing cross correlation between ATX and DOW. You can compare the effects of market volatilities on ATX and DOW 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 ATX with a short position of DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and DOW.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to under-perform the DOW. In addition to that, ATX is 1.77 times more volatile than DOW. It trades about -0.11 of its total potential returns per unit of risk. DOW is currently generating about 0.16 per unit of volatility. If you would invest 2,316,304 in DOW on October 19, 2017 and sell it today you would earn a total of 29,532 from holding DOW or generate 1.27% return on investment over 30 days.