This module allows you to analyze existing cross correlation between SPTSX Comp and Israel Index. You can compare the effects of market volatilities on SPTSX Comp 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 SPTSX Comp with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Israel Index.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 8.9 times less return on investment than Israel Index. But when comparing it to its historical volatility, SPTSX Comp is 2.63 times less risky than Israel Index. It trades about 0.14 of its potential returns per unit of risk. Israel Index is currently generating about 0.46 of returns per unit of risk over similar time horizon. If you would invest 103,002 in Israel Index on December 20, 2017 and sell it today you would earn a total of 8,457 from holding Israel Index or generate 8.21% return on investment over 30 days.