This module allows you to analyze existing cross correlation between IPC and Madrid Gnrl. You can compare the effects of market volatilities on IPC and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of IPC and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, IPC is expected to generate 1.07 times less return on investment than Madrid Gnrl. But when comparing it to its historical volatility, IPC is 1.03 times less risky than Madrid Gnrl. It trades about 0.18 of its potential returns per unit of risk. Madrid Gnrl is currently generating about 0.19 of returns per unit of risk over similar time horizon. If you would invest 104,166 in Madrid Gnrl on December 21, 2017 and sell it today you would earn a total of 2,322 from holding Madrid Gnrl or generate 2.23% return on investment over 30 days.