This module allows you to analyze existing cross correlation between DOW and Embassy Bancorp. 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|
DOW vs. Embassy Bancorp Inc
Given the investment horizon of 30 days, DOW is expected to under-perform the Embassy Bancorp. In addition to that, DOW is 4.17 times more volatile than Embassy Bancorp. It trades about -0.04 of its total potential returns per unit of risk. Embassy Bancorp is currently generating about 0.21 per unit of volatility. If you would invest 1,590 in Embassy Bancorp on March 25, 2018 and sell it today you would earn a total of 58.00 from holding Embassy Bancorp or generate 3.65% return on investment over 30 days.