This module allows you to analyze existing cross correlation between Israel Index and Jakarta Comp. You can compare the effects of market volatilities on Israel Index and Jakarta Comp 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 Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Israel Index vs. Jakarta Comp
Assuming 30 trading days horizon, Israel Index is expected to generate 85714.29 times less return on investment than Jakarta Comp. But when comparing it to its historical volatility, Israel Index is 620.06 times less risky than Jakarta Comp. It trades about 0.0 of its potential returns per unit of risk. Jakarta Comp is currently generating about 0.49 of returns per unit of risk over similar time horizon. If you would invest 589,720 in Jakarta Comp on May 22, 2018 and sell it today you would lose (7,487) from holding Jakarta Comp or give up 1.27% of portfolio value over 30 days.