This module allows you to analyze existing cross correlation between DOW and United States Oil. You can compare the effects of market volatilities on DOW and United States 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 United States. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and United States.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 168.7 times less return on investment than United States. But when comparing it to its historical volatility, DOW is 1.54 times less risky than United States. It trades about 0.0 of its potential returns per unit of risk. United States Oil is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 1,239 in United States Oil on February 18, 2018 and sell it today you would earn a total of 42.00 from holding United States Oil or generate 3.39% return on investment over 30 days.