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|
Assuming 30 trading days horizon, Israel Index is expected to generate 0.64 times more return on investment than XU100. However, Israel Index is 1.57 times less risky than XU100. It trades about 0.42 of its potential returns per unit of risk. XU100 is currently generating about 0.15 per unit of risk. If you would invest 103,774 in Israel Index on December 22, 2017 and sell it today you would earn a total of 7,623 from holding Israel Index or generate 7.35% return on investment over 30 days.