This module allows you to analyze existing cross correlation between DOW and Natus Medical Incorporated. You can compare the effects of market volatilities on DOW and Natus Medical 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 Natus Medical. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Natus Medical.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to under-perform the Natus Medical. In addition to that, DOW is 1.03 times more volatile than Natus Medical Incorporated. It trades about -0.13 of its total potential returns per unit of risk. Natus Medical Incorporated is currently generating about -0.09 per unit of volatility. If you would invest 3,210 in Natus Medical Incorporated on January 26, 2018 and sell it today you would lose (110.00) from holding Natus Medical Incorporated or give up 3.43% of portfolio value over 30 days.