Correlation Analysis Between Taiwan Wtd and IPC

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

Taiwan Wtd  vs.  IPC

 Performance (%) 

Pair Volatility

If you would invest  4,673,764  in IPC on May 25, 2018 and sell it today you would earn a total of  0.00  from holding IPC or generate 0.0% return on investment over 30 days.

Pair Corralation between Taiwan Wtd and IPC

Time Period1 Month [change]
ValuesDaily Returns


Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding Taiwan Wtd and IPC in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on IPC and Taiwan Wtd 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 Taiwan Wtd 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 Taiwan Wtd i.e. Taiwan Wtd and IPC go up and down completely randomly.

Comparative Volatility

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