This module allows you to analyze existing cross correlation between Nasdaq and IPC. You can compare the effects of market volatilities on Nasdaq 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 Nasdaq with a short position of IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and IPC.
|Time Horizon||30 Days Login to change|
Nasdaq vs. IPC
Assuming 30 trading days horizon, Nasdaq is expected to under-perform the IPC. In addition to that, Nasdaq is 1.82 times more volatile than IPC. It trades about -0.06 of its total potential returns per unit of risk. IPC is currently generating about -0.02 per unit of volatility. If you would invest 4,846,344 in IPC on March 27, 2018 and sell it today you would lose (40,523) from holding IPC or give up 0.84% of portfolio value over 30 days.