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.
|Time Horizon||30 Days Login to change|
DOW vs. Curtiss Wright Corp.
Given the investment horizon of 30 days, DOW is expected to under-perform the Curtiss Wright. But the index apears to be less risky and, when comparing its historical volatility, DOW is 1.24 times less risky than Curtiss Wright. The index trades about -0.07 of its potential returns per unit of risk. The Curtiss Wright Corporation is currently generating about -0.02 of returns per unit of risk over similar time horizon. If you would invest 13,775 in Curtiss Wright Corporation on March 26, 2018 and sell it today you would lose (266.00) from holding Curtiss Wright Corporation or give up 1.93% of portfolio value over 30 days.