This module allows you to analyze existing cross correlation between NQEGT and Israel Index. You can compare the effects of market volatilities on NQEGT 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 NQEGT with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and Israel Index.
|Time Horizon||30 Days Login to change|
NQEGT vs. Israel Index
Assuming 30 trading days horizon, NQEGT is expected to under-perform the Israel Index. In addition to that, NQEGT is 1.07 times more volatile than Israel Index. It trades about -0.09 of its total potential returns per unit of risk. Israel Index is currently generating about 0.09 per unit of volatility. If you would invest 107,625 in Israel Index on May 21, 2018 and sell it today you would earn a total of 2,167 from holding Israel Index or generate 2.01% return on investment over 30 days.