Correlation Analysis Between DOW and Deere

This module allows you to analyze existing cross correlation between DOW and Deere Company. You can compare the effects of market volatilities on DOW and Deere 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 Deere. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Deere.
 Time Horizon     30 Days    Login   to change

DOW  vs.  Deere Company

 Performance (%) 

Pair Volatility

If you would invest  2,498,747  in DOW on June 17, 2018 and sell it today you would earn a total of  1,545  from holding DOW or generate 0.06% return on investment over 30 days.

Pair Corralation between DOW and Deere

Time Period1 Month [change]
ValuesDaily Returns


Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding DOW and Deere Company in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Deere Company and DOW is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on DOW are associated (or correlated) with Deere. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Deere Company has no effect on the direction of DOW i.e. DOW and Deere go up and down completely randomly.

Comparative Volatility

My Equities

My Current Equities and Potential Positions
View AllNext
GOOG - USA Stock
IT, Search Cloud And Integrated IT Services
Business Address1600 Amphitheatre Parkway

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
See also your portfolio center. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.