This module allows you to analyze existing cross correlation between DOW and Cinemark Holdings. You can compare the effects of market volatilities on DOW and Cinemark Holdings 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 Cinemark Holdings. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Cinemark Holdings.
|Time Horizon||30 Days Login to change|
DOW vs. Cinemark Holdings Inc
Given the investment horizon of 30 days, DOW is expected to generate 0.44 times more return on investment than Cinemark Holdings. However, DOW is 2.25 times less risky than Cinemark Holdings. It trades about 0.08 of its potential returns per unit of risk. Cinemark Holdings is currently generating about -0.39 per unit of risk. If you would invest 2,444,869 in DOW on April 21, 2018 and sell it today you would earn a total of 26,640 from holding DOW or generate 1.09% return on investment over 30 days.