This module allows you to analyze existing cross correlation between Israel Index and Straits Tms. You can compare the effects of market volatilities on Israel Index and Straits Tms 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 Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and Straits Tms.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to generate 1.47 times more return on investment than Straits Tms. However, Israel Index is 1.47 times more volatile than Straits Tms. It trades about 0.67 of its potential returns per unit of risk. Straits Tms is currently generating about 0.36 per unit of risk. If you would invest 103,009 in Israel Index on December 17, 2017 and sell it today you would earn a total of 10,502 from holding Israel Index or generate 10.2% return on investment over 30 days.