This module allows you to analyze existing cross correlation between DOW and USAA Core Intermediate-Term Bond. You can compare the effects of market volatilities on DOW and USAA Core 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 USAA Core. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and USAA Core.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 2.48 times more return on investment than USAA Core. However, DOW is 2.48 times more volatile than USAA Core Intermediate-Term Bond. It trades about 0.57 of its potential returns per unit of risk. USAA Core Intermediate-Term Bond is currently generating about -0.13 per unit of risk. If you would invest 2,475,475 in DOW on December 19, 2017 and sell it today you would earn a total of 103,811 from holding DOW or generate 4.19% return on investment over 30 days.