This module allows you to analyze existing cross correlation between iPath B SP GSCI Crude Oil TR ETN and United States Oil. You can compare the effects of market volatilities on iPath B and United States 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 iPath B with a short position of United States. See also your portfolio center. Please also check ongoing floating volatility patterns of iPath B and United States.
|Time Horizon||30 Days Login to change|
iPath B SP GSCI Crude Oil TR E vs. United States Oil
Given the investment horizon of 30 days, iPath B SP GSCI Crude Oil TR ETN is expected to generate 1.02 times more return on investment than United States. However, iPath B is 1.02 times more volatile than United States Oil. It trades about -0.27 of its potential returns per unit of risk. United States Oil is currently generating about -0.29 per unit of risk. If you would invest 7,218 in iPath B SP GSCI Crude Oil TR ETN on May 20, 2018 and sell it today you would lose (663.00) from holding iPath B SP GSCI Crude Oil TR ETN or give up 9.19% of portfolio value over 30 days.