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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 1.1 times less return on investment than China Ming. But when comparing it to its historical volatility, DOW is 22.31 times less risky than China Ming. It trades about 0.5 of its potential returns per unit of risk. China Ming Yang Wind Power Group Limited is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest 19 in China Ming Yang Wind Power Group Limited on September 16, 2017 and sell it today you would earn a total of 0.00 from holding China Ming Yang Wind Power Group Limited or generate 0.0% return on investment over 30 days.