This module allows you to analyze existing cross correlation between DOW and CA Inc. You can compare the effects of market volatilities on DOW and CA 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 CA. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and CA.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to under-perform the CA. In addition to that, DOW is 1.02 times more volatile than CA Inc. It trades about -0.08 of its total potential returns per unit of risk. CA Inc is currently generating about 0.11 per unit of volatility. If you would invest 3,407 in CA Inc on January 19, 2018 and sell it today you would earn a total of 127.00 from holding CA Inc or generate 3.73% return on investment over 30 days.