This module allows you to analyze existing cross correlation between NYSE and DOW. You can compare the effects of market volatilities on NYSE and DOW 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 NYSE with a short position of DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and DOW.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 1.09 times less return on investment than DOW. But when comparing it to its historical volatility, NYSE is 1.21 times less risky than DOW. It trades about 0.62 of its potential returns per unit of risk. DOW is currently generating about 0.55 of returns per unit of risk over similar time horizon. If you would invest 2,478,229 in DOW on December 21, 2017 and sell it today you would earn a total of 123,552 from holding DOW or generate 4.99% return on investment over 30 days.