This module allows you to analyze existing cross correlation between IPC and SPTSX Comp. You can compare the effects of market volatilities on IPC and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of IPC and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, IPC is expected to generate 1.11 times more return on investment than SPTSX Comp. However, IPC is 1.11 times more volatile than SPTSX Comp. It trades about -0.09 of its potential returns per unit of risk. SPTSX Comp is currently generating about -0.33 per unit of risk. If you would invest 4,969,556 in IPC on January 19, 2018 and sell it today you would lose (81,278) from holding IPC or give up 1.64% of portfolio value over 30 days.