This module allows you to analyze existing cross correlation between DOW and Brunswick Corporation. You can compare the effects of market volatilities on DOW and Brunswick 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 Brunswick. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Brunswick.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 1.75 times less return on investment than Brunswick. But when comparing it to its historical volatility, DOW is 3.03 times less risky than Brunswick. It trades about 0.73 of its potential returns per unit of risk. Brunswick Corporation is currently generating about 0.42 of returns per unit of risk over similar time horizon. If you would invest 5,506 in Brunswick Corporation on September 22, 2017 and sell it today you would earn a total of 405 from holding Brunswick Corporation or generate 7.36% return on investment over 30 days.