This module allows you to analyze existing cross correlation between Greece TR and Israel Index. You can compare the effects of market volatilities on Greece TR 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 Greece TR with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and Israel Index.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to under-perform the Israel Index. In addition to that, Greece TR is 1.1 times more volatile than Israel Index. It trades about -0.21 of its total potential returns per unit of risk. Israel Index is currently generating about -0.19 per unit of volatility. If you would invest 112,560 in Israel Index on January 26, 2018 and sell it today you would lose (5,627) from holding Israel Index or give up 5.0% of portfolio value over 30 days.