This module allows you to analyze existing cross correlation between DOW and iPath B SP GSCI Crude Oil TR ETN. You can compare the effects of market volatilities on DOW and iPath B 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 B. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and iPath B.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to under-perform the iPath B. But the index apears to be less risky and, when comparing its historical volatility, DOW is 1.77 times less risky than iPath B. The index trades about -0.05 of its potential returns per unit of risk. The iPath B SP GSCI Crude Oil TR ETN is currently generating about 0.13 of returns per unit of risk over similar time horizon. If you would invest 5,912 in iPath B SP GSCI Crude Oil TR ETN on February 15, 2018 and sell it today you would earn a total of 267.00 from holding iPath B SP GSCI Crude Oil TR ETN or generate 4.52% return on investment over 30 days.