This module allows you to analyze existing cross correlation between IPC and Israel Index. You can compare the effects of market volatilities on IPC 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 IPC with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of IPC and Israel Index.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, IPC is expected to under-perform the Israel Index. But the index apears to be less risky and, when comparing its historical volatility, IPC is 1.09 times less risky than Israel Index. The index trades about -0.25 of its potential returns per unit of risk. The Israel Index is currently generating about -0.09 of returns per unit of risk over similar time horizon. If you would invest 97,381 in Israel Index on October 24, 2017 and sell it today you would lose (1,576) from holding Israel Index or give up 1.62% of portfolio value over 30 days.