This module allows you to analyze existing cross correlation between DOW and Curtiss Wright Corporation. You can compare the effects of market volatilities on DOW and Curtiss Wright 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 Curtiss Wright. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Curtiss Wright.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.12 times more return on investment than Curtiss Wright. However, DOW is 8.48 times less risky than Curtiss Wright. It trades about 0.73 of its potential returns per unit of risk. Curtiss Wright Corporation is currently generating about 0.01 per unit of risk. If you would invest 2,234,959 in DOW on September 22, 2017 and sell it today you would earn a total of 97,904 from holding DOW or generate 4.38% return on investment over 30 days.