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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.34 times more return on investment than United States. However, DOW is 2.94 times less risky than United States. It trades about 0.57 of its potential returns per unit of risk. United States Oil is currently generating about 0.04 per unit of risk. If you would invest 2,335,824 in DOW on November 17, 2017 and sell it today you would earn a total of 129,350 from holding DOW or generate 5.54% return on investment over 30 days.