This module allows you to analyze existing cross correlation between DOW and Equity LifeStyle Properties Inc. You can compare the effects of market volatilities on DOW and Equity LifeStyle 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 Equity LifeStyle. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Equity LifeStyle.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to under-perform the Equity LifeStyle. In addition to that, DOW is 1.4 times more volatile than Equity LifeStyle Properties Inc. It trades about -0.1 of its total potential returns per unit of risk. Equity LifeStyle Properties Inc is currently generating about 0.01 per unit of volatility. If you would invest 8,546 in Equity LifeStyle Properties Inc on January 20, 2018 and sell it today you would earn a total of 4.00 from holding Equity LifeStyle Properties Inc or generate 0.05% return on investment over 30 days.