This module allows you to analyze existing cross correlation between DOW and Hartford Total Return Bond. You can compare the effects of market volatilities on DOW and Hartford Total 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 Hartford Total. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Hartford Total.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to under-perform the Hartford Total. In addition to that, DOW is 4.47 times more volatile than Hartford Total Return Bond. It trades about -0.12 of its total potential returns per unit of risk. Hartford Total Return Bond is currently generating about -0.19 per unit of volatility. If you would invest 3,960 in Hartford Total Return Bond on January 24, 2018 and sell it today you would lose (29.23) from holding Hartford Total Return Bond or give up 0.74% of portfolio value over 30 days.