This module allows you to analyze existing cross correlation between SPTSX Comp and IPC. You can compare the effects of market volatilities on SPTSX Comp and IPC 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 SPTSX Comp with a short position of IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and IPC.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 1.0 times more return on investment than IPC. However, SPTSX Comp is 1.0 times less risky than IPC. It trades about -0.2 of its potential returns per unit of risk. IPC is currently generating about -0.24 per unit of risk. If you would invest 1,620,400 in SPTSX Comp on January 25, 2018 and sell it today you would lose (56,555) from holding SPTSX Comp or give up 3.49% of portfolio value over 30 days.