This module allows you to analyze existing cross correlation between DOW and Ingram Micro Inc. You can compare the effects of market volatilities on DOW and Ingram Micro 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 Ingram Micro. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Ingram Micro.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 90134.2 times less return on investment than Ingram Micro. But when comparing it to its historical volatility, DOW is 335.66 times less risky than Ingram Micro. It trades about 0.0 of its potential returns per unit of risk. Ingram Micro Inc is currently generating about 0.28 of returns per unit of risk over similar time horizon. If you would invest 3,889 in Ingram Micro Inc on February 17, 2018 and sell it today you would earn a total of 0.00 from holding Ingram Micro Inc or generate 0.0% return on investment over 30 days.