This module allows you to analyze existing cross correlation between DOW and Agilent Technologies Inc. You can compare the effects of market volatilities on DOW and Agilent Technologies 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 DOW with a short position of Agilent Technologies. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Agilent Technologies.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.37 times more return on investment than Agilent Technologies. However, DOW is 2.69 times less risky than Agilent Technologies. It trades about 0.84 of its potential returns per unit of risk. Agilent Technologies Inc is currently generating about 0.24 per unit of risk. If you would invest 2,229,609 in DOW on September 24, 2017 and sell it today you would earn a total of 103,254 from holding DOW or generate 4.63% return on investment over 30 days.