This module allows you to analyze existing cross correlation between NQFI and Israel Index. You can compare the effects of market volatilities on NQFI 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 NQFI with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and Israel Index.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to under-perform the Israel Index. In addition to that, NQFI is 1.26 times more volatile than Israel Index. It trades about -0.24 of its total potential returns per unit of risk. Israel Index is currently generating about -0.25 per unit of volatility. If you would invest 97,742 in Israel Index on October 20, 2017 and sell it today you would lose (3,874) from holding Israel Index or give up 3.96% of portfolio value over 30 days.