This module allows you to analyze existing cross correlation between Israel Index and Hang Seng. You can compare the effects of market volatilities on Israel Index and Hang Seng 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 Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and Hang Seng.
|Time Horizon||30 Days Login to change|
Israel Index vs. Hang Seng
Assuming 30 trading days horizon, Israel Index is expected to generate 0.69 times more return on investment than Hang Seng. However, Israel Index is 1.44 times less risky than Hang Seng. It trades about 0.09 of its potential returns per unit of risk. Hang Seng is currently generating about -0.16 per unit of risk. If you would invest 106,313 in Israel Index on May 20, 2018 and sell it today you would earn a total of 1,972 from holding Israel Index or generate 1.85% return on investment over 30 days.