This module allows you to analyze existing cross correlation between DOW and Sprint Corporation. You can compare the effects of market volatilities on DOW and Sprint 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 Sprint. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Sprint.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.77 times more return on investment than Sprint. However, DOW is 1.3 times less risky than Sprint. It trades about 0.0 of its potential returns per unit of risk. Sprint Corporation is currently generating about -0.14 per unit of risk. If you would invest 2,496,475 in DOW on February 18, 2018 and sell it today you would lose (1,824) from holding DOW or give up 0.07% of portfolio value over 30 days.