This module allows you to analyze existing cross correlation between DOW and Intel Corporation. You can compare the effects of market volatilities on DOW and Intel 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 Intel. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Intel.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to under-perform the Intel. But the index apears to be less risky and, when comparing its historical volatility, DOW is 1.77 times less risky than Intel. The index trades about -0.15 of its potential returns per unit of risk. The Intel Corporation is currently generating about 0.19 of returns per unit of risk over similar time horizon. If you would invest 4,580 in Intel Corporation on February 22, 2018 and sell it today you would earn a total of 356.00 from holding Intel Corporation or generate 7.77% return on investment over 30 days.