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|
Assuming 30 trading days horizon, Bovespa is expected to generate 1.31 times more return on investment than Israel Index. However, Bovespa is 1.31 times more volatile than Israel Index. It trades about 0.11 of its potential returns per unit of risk. Israel Index is currently generating about -0.19 per unit of risk. If you would invest 8,167,542 in Bovespa on January 20, 2018 and sell it today you would earn a total of 284,916 from holding Bovespa or generate 3.49% return on investment over 30 days.