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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 1.63 times less return on investment than DOW. In addition to that, Madrid Gnrl is 1.31 times more volatile than DOW. It trades about 0.3 of its total potential returns per unit of risk. DOW is currently generating about 0.63 per unit of volatility. If you would invest 2,474,621 in DOW on December 24, 2017 and sell it today you would earn a total of 132,551 from holding DOW or generate 5.36% return on investment over 30 days.