Correlation Analysis Between DOW and DreamWorks Animation

This module allows you to analyze existing cross correlation between DOW and DreamWorks Animation SKG. You can compare the effects of market volatilities on DOW and DreamWorks Animation 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 DreamWorks Animation. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and DreamWorks Animation.
 Time Horizon     30 Days    Login   to change

DOW  vs.  DreamWorks Animation SKG Inc

 Performance (%) 

Pair Volatility

If you would invest  4,097  in DreamWorks Animation SKG on June 17, 2018 and sell it today you would earn a total of  0.00  from holding DreamWorks Animation SKG or generate 0.0% return on investment over 30 days.

Pair Corralation between DOW and DreamWorks Animation

Time Period1 Month [change]
ValuesDaily Returns


Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding DOW and DreamWorks Animation SKG Inc in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on DreamWorks Animation and DOW is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on DOW are associated (or correlated) with DreamWorks Animation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of DreamWorks Animation has no effect on the direction of DOW i.e. DOW and DreamWorks Animation go up and down completely randomly.

Comparative Volatility

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