This module allows you to analyze existing cross correlation between Israel Index and Madrid Gnrl. You can compare the effects of market volatilities on Israel Index and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to generate 1.11 times more return on investment than Madrid Gnrl. However, Israel Index is 1.11 times more volatile than Madrid Gnrl. It trades about 0.36 of its potential returns per unit of risk. Madrid Gnrl is currently generating about 0.3 per unit of risk. If you would invest 105,854 in Israel Index on December 24, 2017 and sell it today you would earn a total of 5,735 from holding Israel Index or generate 5.42% return on investment over 30 days.