This module allows you to analyze existing cross correlation between Israel Index and Russell 2000 . You can compare the effects of market volatilities on Israel Index and Russell 2000 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 Russell 2000. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and Russell 2000.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to under-perform the Russell 2000. In addition to that, Israel Index is 1.17 times more volatile than Russell 2000 . It trades about -0.25 of its total potential returns per unit of risk. Russell 2000 is currently generating about -0.07 per unit of volatility. If you would invest 150,925 in Russell 2000 on October 20, 2017 and sell it today you would lose (1,643) from holding Russell 2000 or give up 1.09% of portfolio value over 30 days.