This module allows you to analyze existing cross correlation between Facebook Inc and DOW. You can compare the effects of market volatilities on Facebook 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 Facebook with a short position of DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of Facebook and DOW.
|Investment Horizon||30 Days Login to change|
Allowing for the 30-days total investment horizon, Facebook Inc is expected to generate 3.57 times more return on investment than DOW. However, Facebook is 3.57 times more volatile than DOW. It trades about 0.09 of its potential returns per unit of risk. DOW is currently generating about 0.02 per unit of risk. If you would invest 17,498 in Facebook Inc on October 20, 2017 and sell it today you would earn a total of 402 from holding Facebook Inc or generate 2.3% return on investment over 30 days.