Pair Correlation Between DOW and Verint Systems

This module allows you to analyze existing cross correlation between DOW and Verint Systems Inc. You can compare the effects of market volatilities on DOW and Verint Systems 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 Verint Systems. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Verint Systems.
 Time Horizon     30 Days    Login   to change
 DOW  vs   Verint Systems Inc
 Performance (%) 

Pair Volatility

Given the investment horizon of 30 days, DOW is expected to generate 0.79 times more return on investment than Verint Systems. However, DOW is 1.27 times less risky than Verint Systems. It trades about 0.0 of its potential returns per unit of risk. Verint Systems Inc is currently generating about -0.01 per unit of risk. If you would invest  2,496,475  in DOW on February 18, 2018 and sell it today you would lose (1,824)  from holding DOW or give up 0.07% of portfolio value over 30 days.

Correlation Coefficient

Pair Corralation between DOW and Verint Systems


Time Period1 Month [change]
ValuesDaily Returns


Average diversification

Overlapping area represents the amount of risk that can be diversified away by holding DOW and Verint Systems Inc in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Verint Systems Inc and DOW is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on DOW are associated (or correlated) with Verint Systems. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Verint Systems Inc has no effect on the direction of DOW i.e. DOW and Verint Systems go up and down completely randomly.

Comparative Volatility

 Predicted Return Density