This module allows you to analyze existing cross correlation between Israel Index and BSE. You can compare the effects of market volatilities on Israel Index and BSE 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 BSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and BSE.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to generate 1.81 times more return on investment than BSE. However, Israel Index is 1.81 times more volatile than BSE. It trades about -0.16 of its potential returns per unit of risk. BSE is currently generating about -0.47 per unit of risk. If you would invest 111,813 in Israel Index on January 23, 2018 and sell it today you would lose (4,715) from holding Israel Index or give up 4.22% of portfolio value over 30 days.