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|
DOW vs. Sprint Corp.
Given the investment horizon of 30 days, DOW is expected to generate 29.77 times less return on investment than Sprint. In addition to that, DOW is 1.58 times more volatile than Sprint Corporation. It trades about 0.01 of its total potential returns per unit of risk. Sprint Corporation is currently generating about 0.4 per unit of volatility. If you would invest 511.00 in Sprint Corporation on May 18, 2018 and sell it today you would earn a total of 38.00 from holding Sprint Corporation or generate 7.44% return on investment over 30 days.