This module allows you to analyze existing cross correlation between IPC and Shanghai. You can compare the effects of market volatilities on IPC and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of IPC and Shanghai.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, IPC is expected to generate 1.53 times less return on investment than Shanghai. In addition to that, IPC is 1.3 times more volatile than Shanghai. It trades about 0.2 of its total potential returns per unit of risk. Shanghai is currently generating about 0.41 per unit of volatility. If you would invest 329,654 in Shanghai on December 19, 2017 and sell it today you would earn a total of 14,813 from holding Shanghai or generate 4.49% return on investment over 30 days.