This module allows you to analyze existing cross correlation between Jakarta Comp and Israel Index. You can compare the effects of market volatilities on Jakarta 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 Jakarta Comp with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and Israel Index.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to under-perform the Israel Index. In addition to that, Jakarta Comp is 1.11 times more volatile than Israel Index. It trades about -0.21 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 106,588 in Israel Index on February 15, 2018 and sell it today you would earn a total of 416.39 from holding Israel Index or generate 0.39% return on investment over 30 days.