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|
Assuming 30 trading days horizon, Israel Index is expected to generate 0.72 times more return on investment than Hang Seng. However, Israel Index is 1.39 times less risky than Hang Seng. It trades about -0.19 of its potential returns per unit of risk. Hang Seng is currently generating about -0.16 per unit of risk. 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.