This module allows you to analyze existing cross correlation between Madrid Gnrl and DOW. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and DOW.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the DOW. In addition to that, Madrid Gnrl is 2.53 times more volatile than DOW. It trades about -0.05 of its total potential returns per unit of risk. DOW is currently generating about 0.05 per unit of volatility. If you would invest 2,327,396 in DOW on October 21, 2017 and sell it today you would earn a total of 8,428 from holding DOW or generate 0.36% return on investment over 30 days.