This module allows you to analyze existing cross correlation between DOW and Dell Technologies. You can compare the effects of market volatilities on DOW and Dell Technologies 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 Dell Technologies. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Dell Technologies.
|Time Horizon||30 Days Login to change|
DOW vs. Dell Technologies Inc
Given the investment horizon of 30 days, DOW is expected to generate 41.42 times less return on investment than Dell Technologies. But when comparing it to its historical volatility, DOW is 1.0 times less risky than Dell Technologies. It trades about 0.01 of its potential returns per unit of risk. Dell Technologies is currently generating about 0.34 of returns per unit of risk over similar time horizon. If you would invest 8,047 in Dell Technologies on May 21, 2018 and sell it today you would earn a total of 853.00 from holding Dell Technologies or generate 10.6% return on investment over 30 days.