This module allows you to analyze existing cross correlation between IPC and Jakarta Comp. You can compare the effects of market volatilities on IPC and Jakarta 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 Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of IPC and Jakarta Comp.
|Time Horizon||30 Days Login to change|
IPC vs. Jakarta Comp
Given the investment horizon of 30 days, IPC is expected to generate 1.89 times less return on investment than Jakarta Comp. But when comparing it to its historical volatility, IPC is 1.77 times less risky than Jakarta Comp. It trades about 0.14 of its potential returns per unit of risk. Jakarta Comp is currently generating about 0.15 of returns per unit of risk over similar time horizon. If you would invest 575,070 in Jakarta Comp on May 20, 2018 and sell it today you would earn a total of 24,293 from holding Jakarta Comp or generate 4.22% return on investment over 30 days.