This module allows you to analyze existing cross correlation between DOW and Visa Inc. You can compare the effects of market volatilities on DOW and Visa 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 Visa. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Visa.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 54.5 times less return on investment than Visa. But when comparing it to its historical volatility, DOW is 1.15 times less risky than Visa. It trades about 0.0 of its potential returns per unit of risk. Visa Inc is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 12,201 in Visa Inc on February 17, 2018 and sell it today you would earn a total of 120.00 from holding Visa Inc or generate 0.98% return on investment over 30 days.