Correlation Analysis Between DOW and Equity One

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

DOW  vs.  Equity One Inc

 Performance (%) 
      Timeline 

Pair Volatility

If you would invest  2,458,089  in DOW on June 22, 2018 and sell it today you would earn a total of  47,723  from holding DOW or generate 1.94% return on investment over 30 days.

Pair Corralation between DOW and Equity One

0.0
Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy85.71%
ValuesDaily Returns

Diversification

Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding DOW and Equity One Inc in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Equity One 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 Equity One. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Equity One has no effect on the direction of DOW i.e. DOW and Equity One go up and down completely randomly.
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Comparative Volatility

 Predicted Return Density 
      Returns 

My Equities

My Current Equities and Potential Positions
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GOOG - USA Stock
Alphabet
Specialization
IT, Search Cloud And Integrated IT Services
Business Address1600 Amphitheatre Parkway
ExchangeNASDAQ
$1186.96

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