This module allows you to analyze existing cross correlation between Israel Index and NQPH. You can compare the effects of market volatilities on Israel Index and NQPH 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 NQPH. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and NQPH.
|Time Horizon||30 Days Login to change|
Israel Index vs. NQPH
Assuming 30 trading days horizon, Israel Index is expected to generate 0.68 times more return on investment than NQPH. However, Israel Index is 1.46 times less risky than NQPH. It trades about 0.08 of its potential returns per unit of risk. NQPH is currently generating about -0.24 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 1,767 from holding Israel Index or generate 1.65% return on investment over 30 days.