This module allows you to analyze existing cross correlation between DOW and VOXX International Corporation. You can compare the effects of market volatilities on DOW and VOXX International 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 VOXX International. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and VOXX International.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 0.05 times more return on investment than VOXX International. However, DOW is 22.17 times less risky than VOXX International. It trades about 0.57 of its potential returns per unit of risk. VOXX International Corporation is currently generating about -0.1 per unit of risk. If you would invest 2,233,135 in DOW on September 18, 2017 and sell it today you would earn a total of 66,609 from holding DOW or generate 2.98% return on investment over 30 days.