This module allows you to analyze existing cross correlation between DOW and iPath Series B SP GSCI Crude Oil. You can compare the effects of market volatilities on DOW and iPath Series 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 Series. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and iPath Series.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 1.33 times less return on investment than iPath Series. But when comparing it to its historical volatility, DOW is 4.59 times less risky than iPath Series. It trades about 0.56 of its potential returns per unit of risk. iPath Series B SP GSCI Crude Oil is currently generating about 0.16 of returns per unit of risk over similar time horizon. If you would invest 4,997 in iPath Series B SP GSCI Crude Oil on September 17, 2017 and sell it today you would earn a total of 146.01 from holding iPath Series B SP GSCI Crude Oil or generate 2.92% return on investment over 30 days.