This module allows you to analyze existing cross correlation between UBS ETRACS CMCI Energy Total Return ETN and United States Oil. You can compare the effects of market volatilities on UBS ETRACS 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 UBS ETRACS with a short position of United States. See also your portfolio center. Please also check ongoing floating volatility patterns of UBS ETRACS and United States.
|Time Horizon||30 Days Login to change|
Considering 30-days investment horizon, UBS ETRACS CMCI Energy Total Return ETN is expected to generate 2.56 times more return on investment than United States. However, UBS ETRACS is 2.56 times more volatile than United States Oil. It trades about 0.3 of its potential returns per unit of risk. United States Oil is currently generating about 0.55 per unit of risk. If you would invest 778.41 in UBS ETRACS CMCI Energy Total Return ETN on December 24, 2017 and sell it today you would earn a total of 53.59 from holding UBS ETRACS CMCI Energy Total Return ETN or generate 6.88% return on investment over 30 days.