Correlation Analysis Between MerVal and IPC

This module allows you to analyze existing cross correlation between MerVal and IPC. You can compare the effects of market volatilities on MerVal 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 MerVal with a short position of IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and IPC.
Horizon     30 Days    Login   to change

MerVal  vs.  IPC

 Performance (%) 

Pair Volatility

If you would invest  2,548,134  in MerVal on August 26, 2018 and sell it today you would earn a total of  768,227  from holding MerVal or generate 30.15% return on investment over 30 days.

Pair Corralation between MerVal and IPC

Time Period1 Month [change]
ValuesDaily Returns


Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding MerVal and IPC in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on IPC and MerVal is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on MerVal are associated (or correlated) with IPC. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of IPC has no effect on the direction of MerVal i.e. MerVal and IPC go up and down completely randomly.

Comparative Volatility

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