This module allows you to analyze existing cross correlation between Israel Index and DAX. You can compare the effects of market volatilities on Israel Index and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and DAX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to generate 1.16 times more return on investment than DAX. However, Israel Index is 1.16 times more volatile than DAX. It trades about 0.45 of its potential returns per unit of risk. DAX is currently generating about -0.02 per unit of risk. If you would invest 102,986 in Israel Index on December 19, 2017 and sell it today you would earn a total of 8,375 from holding Israel Index or generate 8.13% return on investment over 30 days.