This module allows you to analyze existing cross correlation between Israel Index and NQFI. You can compare the effects of market volatilities on Israel Index and NQFI 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 NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and NQFI.
|Time Horizon||30 Days Login to change|
Israel Index vs. NQFI
Assuming 30 trading days horizon, Israel Index is expected to generate 0.96 times more return on investment than NQFI. However, Israel Index is 1.04 times less risky than NQFI. It trades about 0.09 of its potential returns per unit of risk. NQFI is currently generating about -0.13 per unit of risk. If you would invest 107,289 in Israel Index on May 23, 2018 and sell it today you would earn a total of 2,171 from holding Israel Index or generate 2.02% return on investment over 30 days.