Correlation Analysis Between DOW and World Point

This module allows you to analyze existing cross correlation between DOW and World Point Terminals LP. You can compare the effects of market volatilities on DOW and World Point 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 World Point. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and World Point.
 Time Horizon     30 Days    Login   to change

DOW  vs.  World Point Terminals LP

 Performance (%) 

Pair Volatility

If you would invest  2,470,021  in DOW on May 21, 2018 and sell it today you would lose (0.09)  from holding DOW or give up 0.0% of portfolio value over 30 days.

Pair Corralation between DOW and World Point

Time Period1 Month [change]
ValuesDaily Returns


Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding DOW and World Point Terminals LP in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on World Point Terminals 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 World Point. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of World Point Terminals has no effect on the direction of DOW i.e. DOW and World Point go up and down completely randomly.

Comparative Volatility

 Predicted Return Density 

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