This module allows you to analyze existing cross correlation between DOW and Crude Oil Strategy Proshares. You can compare the effects of market volatilities on DOW and Crude Oil 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 Crude Oil. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Crude Oil.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.38 times more return on investment than Crude Oil. However, DOW is 2.64 times less risky than Crude Oil. It trades about 0.38 of its potential returns per unit of risk. Crude Oil Strategy Proshares is currently generating about 0.05 per unit of risk. If you would invest 2,343,970 in DOW on November 12, 2017 and sell it today you would earn a total of 94,633 from holding DOW or generate 4.04% return on investment over 30 days.