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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.38 times more return on investment than Israel Index. However, SPTSX Comp is 2.64 times less risky than Israel Index. It trades about 0.15 of its potential returns per unit of risk. Israel Index is currently generating about -0.27 per unit of risk. If you would invest 1,578,220 in SPTSX Comp on October 18, 2017 and sell it today you would earn a total of 15,317 from holding SPTSX Comp or generate 0.97% return on investment over 30 days.