This module allows you to analyze existing cross correlation between ProShares K 1 Free Crude Oil Strategy and United States Oil. You can compare the effects of market volatilities on ProShares K 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 ProShares K with a short position of United States. See also your portfolio center. Please also check ongoing floating volatility patterns of ProShares K and United States.
|Time Horizon||30 Days Login to change|
ProShares K 1 Free Crude Oil S vs. United States Oil
Given the investment horizon of 30 days, ProShares K 1 Free Crude Oil Strategy is expected to generate 1.26 times more return on investment than United States. However, ProShares K is 1.26 times more volatile than United States Oil. It trades about -0.16 of its potential returns per unit of risk. United States Oil is currently generating about -0.24 per unit of risk. If you would invest 2,613 in ProShares K 1 Free Crude Oil Strategy on May 22, 2018 and sell it today you would lose (234.00) from holding ProShares K 1 Free Crude Oil Strategy or give up 8.96% of portfolio value over 30 days.