This module allows you to analyze existing cross correlation between DOW and SPDR DoubleLine Shrt Term TR Tact ETF. You can compare the effects of market volatilities on DOW and SPDR DoubleLine 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 SPDR DoubleLine. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and SPDR DoubleLine.
|Time Horizon||30 Days Login to change|
DOW vs. SPDR DoubleLine Shrt Term TR T
Given the investment horizon of 30 days, DOW is expected to under-perform the SPDR DoubleLine. In addition to that, DOW is 9.41 times more volatile than SPDR DoubleLine Shrt Term TR Tact ETF. It trades about -0.02 of its total potential returns per unit of risk. SPDR DoubleLine Shrt Term TR Tact ETF is currently generating about -0.06 per unit of volatility. If you would invest 4,905 in SPDR DoubleLine Shrt Term TR Tact ETF on March 23, 2018 and sell it today you would lose (25.00) from holding SPDR DoubleLine Shrt Term TR Tact ETF or give up 0.51% of portfolio value over 30 days.