This module allows you to analyze existing cross correlation between ATX and Israel Index. You can compare the effects of market volatilities on ATX 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 ATX with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and Israel Index.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 1.44 times less return on investment than Israel Index. But when comparing it to its historical volatility, ATX is 1.04 times less risky than Israel Index. It trades about 0.49 of its potential returns per unit of risk. Israel Index is currently generating about 0.67 of returns per unit of risk over similar time horizon. If you would invest 103,009 in Israel Index on December 17, 2017 and sell it today you would earn a total of 10,502 from holding Israel Index or generate 10.2% return on investment over 30 days.