This module allows you to analyze existing cross correlation between MerVal and Israel Index. You can compare the effects of market volatilities on MerVal 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 MerVal with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and Israel Index.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 2.2401794548550403E14 times more return on investment than Israel Index. However, MerVal is 2.2401794548550403E14 times more volatile than Israel Index. It trades about 0.21 of its potential returns per unit of risk. Israel Index is currently generating about 0.05 per unit of risk. If you would invest 2,787,824 in MerVal on October 25, 2017 and sell it today you would lose (58,493) from holding MerVal or give up 2.1% of portfolio value over 30 days.