This module allows you to analyze existing cross correlation between DOW and ClaymoreDelta Global Shipping. You can compare the effects of market volatilities on DOW and ClaymoreDelta Global 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 ClaymoreDelta Global. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and ClaymoreDelta Global.
|Time Horizon||30 Days Login to change|
DOW vs. ClaymoreDelta Global Shipping
Given the investment horizon of 30 days, DOW is expected to under-perform the ClaymoreDelta Global. In addition to that, DOW is 1.25 times more volatile than ClaymoreDelta Global Shipping. It trades about -0.04 of its total potential returns per unit of risk. ClaymoreDelta Global Shipping is currently generating about -0.02 per unit of volatility. If you would invest 1,119 in ClaymoreDelta Global Shipping on March 25, 2018 and sell it today you would lose (10.80) from holding ClaymoreDelta Global Shipping or give up 0.97% of portfolio value over 30 days.