This module allows you to analyze existing cross correlation between DOW and Apple Inc. You can compare the effects of market volatilities on DOW and Apple 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 Apple. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Apple.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.25 times more return on investment than Apple. However, DOW is 4.06 times less risky than Apple. It trades about 0.56 of its potential returns per unit of risk. Apple Inc is currently generating about 0.04 per unit of risk. If you would invest 2,233,135 in DOW on September 17, 2017 and sell it today you would earn a total of 62,561 from holding DOW or generate 2.8% return on investment over 30 days.