This module allows you to analyze existing cross correlation between DOW and Digimarc Corporation. You can compare the effects of market volatilities on DOW and Digimarc 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 Digimarc. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Digimarc.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.27 times more return on investment than Digimarc. However, DOW is 3.69 times less risky than Digimarc. It trades about -0.05 of its potential returns per unit of risk. Digimarc Corporation is currently generating about -0.07 per unit of risk. If you would invest 2,520,037 in DOW on February 15, 2018 and sell it today you would lose (32,671) from holding DOW or give up 1.3% of portfolio value over 30 days.