This module allows you to analyze existing cross correlation between DOW and GAZB. You can compare the effects of market volatilities on DOW and GAZB 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 GAZB. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and GAZB.
|Time Horizon||30 Days Login to change|
DOW vs. GAZB
Given the investment horizon of 30 days, DOW is expected to generate 1.62 times more return on investment than GAZB. However, DOW is 1.62 times more volatile than GAZB. It trades about -0.03 of its potential returns per unit of risk. GAZB is currently generating about -0.08 per unit of risk. If you would invest 2,496,248 in DOW on March 24, 2018 and sell it today you would lose (70,149) from holding DOW or give up 2.81% of portfolio value over 30 days.