This module allows you to analyze existing cross correlation between Israel Index and NQTH. You can compare the effects of market volatilities on Israel Index and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and NQTH.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to under-perform the NQTH. But the index apears to be less risky and, when comparing its historical volatility, Israel Index is 1.16 times less risky than NQTH. The index trades about -0.04 of its potential returns per unit of risk. The NQTH is currently generating about 0.06 of returns per unit of risk over similar time horizon. If you would invest 125,558 in NQTH on February 17, 2018 and sell it today you would earn a total of 1,193 from holding NQTH or generate 0.95% return on investment over 30 days.