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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.65 times more return on investment than Equity LifeStyle. However, DOW is 1.54 times less risky than Equity LifeStyle. It trades about 0.47 of its potential returns per unit of risk. Equity LifeStyle Properties Inc is currently generating about 0.06 per unit of risk. If you would invest 2,340,947 in DOW on November 14, 2017 and sell it today you would earn a total of 117,596 from holding DOW or generate 5.02% return on investment over 30 days.