This module allows you to analyze existing cross correlation between DOW and Embassy Bancorp Inc. You can compare the effects of market volatilities on DOW and Embassy Bancorp 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 Embassy Bancorp. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Embassy Bancorp.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 1.3 times less return on investment than Embassy Bancorp. But when comparing it to its historical volatility, DOW is 3.07 times less risky than Embassy Bancorp. It trades about 0.63 of its potential returns per unit of risk. Embassy Bancorp Inc is currently generating about 0.27 of returns per unit of risk over similar time horizon. If you would invest 1,580 in Embassy Bancorp Inc on December 24, 2017 and sell it today you would earn a total of 115 from holding Embassy Bancorp Inc or generate 7.28% return on investment over 30 days.