This module allows you to analyze existing cross correlation between DOW and Citigroup. You can compare the effects of market volatilities on DOW and Citigroup 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 Citigroup. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Citigroup.
|Time Horizon||30 Days Login to change|
DOW vs. Citigroup Inc
Given the investment horizon of 30 days, DOW is expected to generate 0.45 times more return on investment than Citigroup. However, DOW is 2.23 times less risky than Citigroup. It trades about -0.04 of its potential returns per unit of risk. Citigroup is currently generating about -0.19 per unit of risk. If you would invest 2,483,441 in DOW on May 22, 2018 and sell it today you would lose (17,661) from holding DOW or give up 0.71% of portfolio value over 30 days.