This module allows you to analyze existing cross correlation between DOW and DB Crude Oil Double Short ETN. You can compare the effects of market volatilities on DOW and DB Crude 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 DB Crude. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and DB Crude.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.32 times more return on investment than DB Crude. However, DOW is 3.11 times less risky than DB Crude. It trades about 0.0 of its potential returns per unit of risk. DB Crude Oil Double Short ETN is currently generating about -0.06 per unit of risk. If you would invest 2,496,475 in DOW on February 18, 2018 and sell it today you would lose (1,824) from holding DOW or give up 0.07% of portfolio value over 30 days.