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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 5.41 times less return on investment than Natus Medical. But when comparing it to its historical volatility, DOW is 4.7 times less risky than Natus Medical. It trades about 0.52 of its potential returns per unit of risk. Natus Medical Incorporated is currently generating about 0.6 of returns per unit of risk over similar time horizon. If you would invest 3,430 in Natus Medical Incorporated on September 20, 2017 and sell it today you would earn a total of 559.99 from holding Natus Medical Incorporated or generate 16.33% return on investment over 30 days.