This module allows you to analyze existing cross correlation between IPC and Bovespa. You can compare the effects of market volatilities on IPC and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of IPC and Bovespa.
|Time Horizon||30 Days Login to change|
IPC vs. Bovespa
Given the investment horizon of 30 days, IPC is expected to generate 0.44 times more return on investment than Bovespa. However, IPC is 2.28 times less risky than Bovespa. It trades about 0.16 of its potential returns per unit of risk. Bovespa is currently generating about -0.46 per unit of risk. If you would invest 4,554,564 in IPC on May 20, 2018 and sell it today you would earn a total of 111,523 from holding IPC or generate 2.45% return on investment over 30 days.