This module allows you to analyze existing cross correlation between All Ords and Israel Index. You can compare the effects of market volatilities on All Ords and Israel Index 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 All Ords with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and Israel Index.
|Time Horizon||30 Days Login to change|
All Ords vs. Israel Index
Assuming 30 trading days horizon, All Ords is expected to under-perform the Israel Index. But the index apears to be less risky and, when comparing its historical volatility, All Ords is 29.56 times less risky than Israel Index. The index trades about -0.71 of its potential returns per unit of risk. The Israel Index is currently generating about 0.08 of returns per unit of risk over similar time horizon. If you would invest 107,289 in Israel Index on May 23, 2018 and sell it today you would earn a total of 1,767 from holding Israel Index or generate 1.65% return on investment over 30 days.