This module allows you to analyze existing cross correlation between DOW and VASCO Data Security International Inc. You can compare the effects of market volatilities on DOW and VASCO Data 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 VASCO Data. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and VASCO Data.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 1.75 times less return on investment than VASCO Data. But when comparing it to its historical volatility, DOW is 4.01 times less risky than VASCO Data. It trades about 0.44 of its potential returns per unit of risk. VASCO Data Security International Inc is currently generating about 0.19 of returns per unit of risk over similar time horizon. If you would invest 1,325 in VASCO Data Security International Inc on November 13, 2017 and sell it today you would earn a total of 110 from holding VASCO Data Security International Inc or generate 8.3% return on investment over 30 days.