This module allows you to analyze existing cross correlation between Ford Motor Company and DOW. You can compare the effects of market volatilities on Ford Motor 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 Ford Motor with a short position of DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of Ford Motor and DOW.
|Time Horizon||30 Days Login to change|
Taking into account the 30 trading days horizon, Ford Motor Company is expected to under-perform the DOW. In addition to that, Ford Motor is 1.24 times more volatile than DOW. It trades about -0.24 of its total potential returns per unit of risk. DOW is currently generating about -0.14 per unit of volatility. If you would invest 2,621,081 in DOW on January 23, 2018 and sell it today you would lose (141,303) from holding DOW or give up 5.39% of portfolio value over 30 days.