This module allows you to analyze existing cross correlation between DOW and Stockholm. You can compare the effects of market volatilities on DOW and Stockholm 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 DOW with a short position of Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Stockholm.
|Time Horizon||30 Days Login to change|
DOW vs. Stockholm
Given the investment horizon of 30 days, DOW is expected to under-perform the Stockholm. In addition to that, DOW is 1.6 times more volatile than Stockholm. It trades about -0.03 of its total potential returns per unit of risk. Stockholm is currently generating about 0.02 per unit of volatility. If you would invest 57,166 in Stockholm on March 24, 2018 and sell it today you would earn a total of 435.23 from holding Stockholm or generate 0.76% return on investment over 30 days.