This module allows you to analyze existing cross correlation between Israel Index and EURONEXT BEL-20. You can compare the effects of market volatilities on Israel Index and EURONEXT BEL-20 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 Israel Index with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Israel Index vs. EURONEXT BEL-20
Assuming 30 trading days horizon, Israel Index is expected to generate 1.01 times more return on investment than EURONEXT BEL-20. However, Israel Index is 1.01 times more volatile than EURONEXT BEL-20. It trades about 0.12 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.13 per unit of risk. If you would invest 106,313 in Israel Index on May 19, 2018 and sell it today you would earn a total of 2,613 from holding Israel Index or generate 2.46% return on investment over 30 days.