This module allows you to analyze existing cross correlation between Bovespa and Israel Index. You can compare the effects of market volatilities on Bovespa 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 Bovespa with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and Israel Index.
|Time Horizon||30 Days Login to change|
Bovespa vs. Israel Index
Assuming 30 trading days horizon, Bovespa is expected to under-perform the Israel Index. In addition to that, Bovespa is 1.89 times more volatile than Israel Index. It trades about -0.35 of its total potential returns per unit of risk. Israel Index is currently generating about 0.03 per unit of volatility. If you would invest 107,625 in Israel Index on May 21, 2018 and sell it today you would earn a total of 548.84 from holding Israel Index or generate 0.51% return on investment over 30 days.