This module allows you to analyze existing cross correlation between Israel Index and XU100. You can compare the effects of market volatilities on Israel Index and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and XU100.
|Time Horizon||30 Days Login to change|
Israel Index vs. XU100
Assuming 30 trading days horizon, Israel Index is expected to generate 1.06 times more return on investment than XU100. However, Israel Index is 1.06 times more volatile than XU100. It trades about -0.1 of its potential returns per unit of risk. XU100 is currently generating about -0.15 per unit of risk. If you would invest 106,933 in Israel Index on March 25, 2018 and sell it today you would lose (4,906) from holding Israel Index or give up 4.59% of portfolio value over 30 days.