This module allows you to analyze existing cross correlation between DOW and iPath Seasonal Natural Gas ETN. You can compare the effects of market volatilities on DOW and iPath Seasonal 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 iPath Seasonal. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and iPath Seasonal.
|Time Horizon||30 Days Login to change|
DOW vs. iPath Seasonal Natural Gas ETN
Given the investment horizon of 30 days, DOW is expected to under-perform the iPath Seasonal. In addition to that, DOW is 2.51 times more volatile than iPath Seasonal Natural Gas ETN. It trades about -0.02 of its total potential returns per unit of risk. iPath Seasonal Natural Gas ETN is currently generating about 0.22 per unit of volatility. If you would invest 1,629 in iPath Seasonal Natural Gas ETN on March 21, 2018 and sell it today you would earn a total of 41.00 from holding iPath Seasonal Natural Gas ETN or generate 2.52% return on investment over 30 days.