This module allows you to analyze existing cross correlation between Israel Index and IBEX 35. You can compare the effects of market volatilities on Israel Index and IBEX 35 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 IBEX 35. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and IBEX 35.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to generate 1.15 times more return on investment than IBEX 35. However, Israel Index is 1.15 times more volatile than IBEX 35. It trades about -0.16 of its potential returns per unit of risk. IBEX 35 is currently generating about -0.3 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.