This module allows you to analyze existing cross correlation between DOW and China Ming Yang Wind Power Group Limited. You can compare the effects of market volatilities on DOW and China Ming 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 China Ming. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and China Ming.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.61 times more return on investment than China Ming. However, DOW is 1.63 times less risky than China Ming. It trades about -0.12 of its potential returns per unit of risk. China Ming Yang Wind Power Group Limited is currently generating about -0.78 per unit of risk. If you would invest 2,625,212 in DOW on January 24, 2018 and sell it today you would lose (128,964) from holding DOW or give up 4.91% of portfolio value over 30 days.