This module allows you to analyze existing cross correlation between DOW and GMFL. You can compare the effects of market volatilities on DOW and GMFL 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 GMFL. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and GMFL.
|Time Horizon||30 Days Login to change|
DOW vs. GMFL
Given the investment horizon of 30 days, DOW is expected to under-perform the GMFL. In addition to that, DOW is 1.44 times more volatile than GMFL. It trades about -0.02 of its total potential returns per unit of risk. GMFL is currently generating about 0.06 per unit of volatility. If you would invest 2,723 in GMFL on March 22, 2018 and sell it today you would earn a total of 20.00 from holding GMFL or generate 0.73% return on investment over 30 days.