This module allows you to analyze existing cross correlation between DOW and DHX Media Ltd. You can compare the effects of market volatilities on DOW and DHX Media 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 DHX Media. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and DHX Media.
|Time Horizon||30 Days Login to change|
DOW vs. DHX Media Ltd
Given the investment horizon of 30 days, DOW is expected to generate 0.5 times more return on investment than DHX Media. However, DOW is 2.01 times less risky than DHX Media. It trades about 0.01 of its potential returns per unit of risk. DHX Media Ltd is currently generating about -0.28 per unit of risk. If you would invest 2,470,021 in DOW on May 21, 2018 and sell it today you would lose (0.09) from holding DOW or give up 0.0% of portfolio value over 30 days.