This module allows you to analyze existing cross correlation between Israel Index and MerVal. You can compare the effects of market volatilities on Israel Index and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and MerVal.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to generate 0.65 times more return on investment than MerVal. However, Israel Index is 1.53 times less risky than MerVal. It trades about -0.12 of its potential returns per unit of risk. MerVal is currently generating about -0.09 per unit of risk. If you would invest 107,245 in Israel Index on February 17, 2018 and sell it today you would lose (2,002) from holding Israel Index or give up 1.87% of portfolio value over 30 days.