This module allows you to analyze existing cross correlation between DOW and iPath SP GSCI Crude Oil TR ETN. You can compare the effects of market volatilities on DOW and iPath SP 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 iPath SP. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and iPath SP.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.27 times more return on investment than iPath SP. However, DOW is 3.7 times less risky than iPath SP. It trades about 0.36 of its potential returns per unit of risk. iPath SP GSCI Crude Oil TR ETN is currently generating about 0.06 per unit of risk. If you would invest 2,343,970 in DOW on November 11, 2017 and sell it today you would earn a total of 88,946 from holding DOW or generate 3.79% return on investment over 30 days.