This module allows you to analyze existing cross correlation between NIKKEI 225 and Israel Index. You can compare the effects of market volatilities on NIKKEI 225 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 NIKKEI 225 with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and Israel Index.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NIKKEI 225 is expected to generate 1.52 times less return on investment than Israel Index. In addition to that, NIKKEI 225 is 1.1 times more volatile than Israel Index. It trades about 0.26 of its total potential returns per unit of risk. Israel Index is currently generating about 0.43 per unit of volatility. If you would invest 103,728 in Israel Index on December 21, 2017 and sell it today you would earn a total of 7,669 from holding Israel Index or generate 7.39% return on investment over 30 days.