This module allows you to analyze existing cross correlation between Israel Index and IPC. You can compare the effects of market volatilities on Israel Index and IPC 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 IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and IPC.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to under-perform the IPC. In addition to that, Israel Index is 1.53 times more volatile than IPC. It trades about -0.15 of its total potential returns per unit of risk. IPC is currently generating about -0.12 per unit of volatility. If you would invest 4,997,448 in IPC on January 21, 2018 and sell it today you would lose (109,170) from holding IPC or give up 2.18% of portfolio value over 30 days.