This module allows you to analyze existing cross correlation between DOW and Dell Technologies Inc Class V. 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|
Given the investment horizon of 30 days, DOW is expected to generate 0.58 times more return on investment than Dell Technologies. However, DOW is 1.73 times less risky than Dell Technologies. It trades about -0.13 of its potential returns per unit of risk. Dell Technologies Inc Class V is currently generating about -0.22 per unit of risk. If you would invest 2,661,671 in DOW on January 26, 2018 and sell it today you would lose (130,672) from holding DOW or give up 4.91% of portfolio value over 30 days.