This module allows you to analyze existing cross correlation between IPC and ATX. You can compare the effects of market volatilities on IPC and ATX 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 ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of IPC and ATX.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, IPC is expected to under-perform the ATX. In addition to that, IPC is 1.21 times more volatile than ATX. It trades about -0.21 of its total potential returns per unit of risk. ATX is currently generating about -0.17 per unit of volatility. If you would invest 338,962 in ATX on October 22, 2017 and sell it today you would lose (7,601) from holding ATX or give up 2.24% of portfolio value over 30 days.