This module allows you to analyze existing cross correlation between DOW and ATT Inc. You can compare the effects of market volatilities on DOW and ATT 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 ATT. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and ATT.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 2.09 times less return on investment than ATT. But when comparing it to its historical volatility, DOW is 3.03 times less risky than ATT. It trades about 0.55 of its potential returns per unit of risk. ATT Inc is currently generating about 0.38 of returns per unit of risk over similar time horizon. If you would invest 3,464 in ATT Inc on November 18, 2017 and sell it today you would earn a total of 383 from holding ATT Inc or generate 11.06% return on investment over 30 days.