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.
|Time Horizon||30 Days Login to change|
NQFI vs. Israel Index
Assuming 30 trading days horizon, NQFI is expected to generate 0.75 times more return on investment than Israel Index. However, NQFI is 1.33 times less risky than Israel Index. It trades about -0.05 of its potential returns per unit of risk. Israel Index is currently generating about -0.09 per unit of risk. If you would invest 166,996 in NQFI on March 22, 2018 and sell it today you would lose (3,056) from holding NQFI or give up 1.83% of portfolio value over 30 days.