This module allows you to analyze existing cross correlation between Israel Index and OMXVGI. You can compare the effects of market volatilities on Israel Index and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and OMXVGI.
|Time Horizon||30 Days Login to change|
Israel Index vs. OMXVGI
Assuming 30 trading days horizon, Israel Index is expected to generate 2.95 times more return on investment than OMXVGI. However, Israel Index is 2.95 times more volatile than OMXVGI. It trades about 0.07 of its potential returns per unit of risk. OMXVGI is currently generating about 0.1 per unit of risk. If you would invest 107,625 in Israel Index on May 21, 2018 and sell it today you would earn a total of 1,504 from holding Israel Index or generate 1.4% return on investment over 30 days.