This module allows you to analyze existing cross correlation between Jakarta Comp and IPC. You can compare the effects of market volatilities on Jakarta 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 Jakarta Comp with a short position of IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and IPC.
|Time Horizon||30 Days Login to change|
Jakarta Comp vs. IPC
Assuming 30 trading days horizon, Jakarta Comp is expected to under-perform the IPC. In addition to that, Jakarta Comp is 1.57 times more volatile than IPC. It trades about -0.09 of its total potential returns per unit of risk. IPC is currently generating about 0.34 per unit of volatility. If you would invest 4,475,089 in IPC on May 26, 2018 and sell it today you would earn a total of 216,673 from holding IPC or generate 4.84% return on investment over 30 days.