Pair Correlation Between Swiss Mrt and IPC

This module allows you to analyze existing cross correlation between Swiss Mrt and IPC. You can compare the effects of market volatilities on Swiss Mrt 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 Swiss Mrt with a short position of IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of Swiss Mrt and IPC.
 Time Horizon     30 Days    Login   to change
 Swiss Mrt  vs   IPC
 Performance (%) 

Pair Volatility

Assuming 30 trading days horizon, Swiss Mrt is expected to generate 1.3 times more return on investment than IPC. However, Swiss Mrt is 1.3 times more volatile than IPC. It trades about -0.05 of its potential returns per unit of risk. IPC is currently generating about -0.19 per unit of risk. If you would invest  890,865  in Swiss Mrt on February 19, 2018 and sell it today you would lose (9,732)  from holding Swiss Mrt or give up 1.09% of portfolio value over 30 days.

Correlation Coefficient

Pair Corralation between Swiss Mrt and IPC


Time Period1 Month [change]
ValuesDaily Returns


Very poor diversification

Overlapping area represents the amount of risk that can be diversified away by holding Swiss Mrt and IPC in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on IPC and Swiss Mrt is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Swiss Mrt are associated (or correlated) with IPC. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of IPC has no effect on the direction of Swiss Mrt i.e. Swiss Mrt and IPC go up and down completely randomly.

Comparative Volatility

 Predicted Return Density