This module allows you to analyze existing cross correlation between NZSE and IPC. You can compare the effects of market volatilities on NZSE and IPC 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 NZSE with a short position of IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and IPC.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to generate 0.51 times more return on investment than IPC. However, NZSE is 1.95 times less risky than IPC. It trades about -0.1 of its potential returns per unit of risk. IPC is currently generating about -0.21 per unit of risk. If you would invest 813,010 in NZSE on October 21, 2017 and sell it today you would lose (6,812) from holding NZSE or give up 0.84% of portfolio value over 30 days.