This module allows you to analyze existing cross correlation between Israel Index and NZSE. You can compare the effects of market volatilities on Israel Index and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and NZSE.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to under-perform the NZSE. In addition to that, Israel Index is 1.87 times more volatile than NZSE. It trades about -0.25 of its total potential returns per unit of risk. NZSE is currently generating about -0.1 per unit of volatility. If you would invest 812,955 in NZSE on October 20, 2017 and sell it today you would lose (6,757) from holding NZSE or give up 0.83% of portfolio value over 30 days.