This module allows you to analyze existing cross correlation between IPC and All Ords. You can compare the effects of market volatilities on IPC and All Ords 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 IPC with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of IPC and All Ords.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, IPC is expected to under-perform the All Ords. But the index apears to be less risky and, when comparing its historical volatility, IPC is 1.14 times less risky than All Ords. The index trades about -0.3 of its potential returns per unit of risk. The All Ords is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 616,470 in All Ords on January 26, 2018 and sell it today you would lose (5,950) from holding All Ords or give up 0.97% of portfolio value over 30 days.