This module allows you to analyze existing cross correlation between Apple Inc and Wilshire US Large Cap Value Ind. You can compare the effects of market volatilities on Apple and Wilshire US 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 Apple with a short position of Wilshire US. See also your portfolio center. Please also check ongoing floating volatility patterns of Apple and Wilshire US.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Apple Inc is expected to generate 1.41 times more return on investment than Wilshire US. However, Apple is 1.41 times more volatile than Wilshire US Large Cap Value Ind. It trades about -0.07 of its potential returns per unit of risk. Wilshire US Large Cap Value Ind is currently generating about -0.14 per unit of risk. If you would invest 17,704 in Apple Inc on January 23, 2018 and sell it today you would lose (597.00) from holding Apple Inc or give up 3.37% of portfolio value over 30 days.