This module allows you to analyze existing cross correlation between DOW and F5 Networks Inc. You can compare the effects of market volatilities on DOW and F5 Networks 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 F5 Networks. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and F5 Networks.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 1.12 times less return on investment than F5 Networks. But when comparing it to its historical volatility, DOW is 3.18 times less risky than F5 Networks. It trades about 0.57 of its potential returns per unit of risk. F5 Networks Inc is currently generating about 0.2 of returns per unit of risk over similar time horizon. If you would invest 12,358 in F5 Networks Inc on November 17, 2017 and sell it today you would earn a total of 748 from holding F5 Networks Inc or generate 6.05% return on investment over 30 days.