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.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to under-perform the F5 Networks. But the index apears to be less risky and, when comparing its historical volatility, DOW is 1.4 times less risky than F5 Networks. The index trades about -0.15 of its potential returns per unit of risk. The F5 Networks Inc is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest 14,387 in F5 Networks Inc on February 22, 2018 and sell it today you would earn a total of 64.00 from holding F5 Networks Inc or generate 0.44% return on investment over 30 days.