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|
Given the investment horizon of 30 days, DOW is expected to generate 1.18 times less return on investment than ClaymoreDelta Global. But when comparing it to its historical volatility, DOW is 1.73 times less risky than ClaymoreDelta Global. It trades about 0.67 of its potential returns per unit of risk. ClaymoreDelta Global Shipping is currently generating about 0.46 of returns per unit of risk over similar time horizon. If you would invest 1,146 in ClaymoreDelta Global Shipping on December 25, 2017 and sell it today you would earn a total of 84.5 from holding ClaymoreDelta Global Shipping or generate 7.38% return on investment over 30 days.