Correlation Analysis Between Swiss Mrt and DOW

This module allows you to analyze existing cross correlation between Swiss Mrt and DOW. You can compare the effects of market volatilities on Swiss Mrt 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 Swiss Mrt with a short position of DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of Swiss Mrt and DOW.
Horizon     30 Days    Login   to change

Swiss Mrt  vs.  DOW

 Performance (%) 

Pair Volatility

Assuming 30 trading days horizon, Swiss Mrt is expected to generate 0.9 times more return on investment than DOW. However, Swiss Mrt is 1.11 times less risky than DOW. It trades about 0.04 of its potential returns per unit of risk. DOW is currently generating about -0.05 per unit of risk. If you would invest  866,038  in Swiss Mrt on November 13, 2018 and sell it today you would earn a total of  15,432  from holding Swiss Mrt or generate 1.78% return on investment over 30 days.

Pair Corralation between Swiss Mrt and DOW

Time Period2 Months [change]
ValuesDaily Returns


Swiss Mrt diversification synergy

Very weak diversification

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

Comparative Volatility

 Predicted Return Density 

My Equities

My Current Equities and Potential Positions

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TGT - USA Stock
Target Corporation
Consumer, Diversified Wholesale And Retail
RegionNorth America
ExchangeNew York Stock Exchange

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See also your portfolio center. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.