This module allows you to analyze existing cross correlation between Russia TR and Israel Index. You can compare the effects of market volatilities on Russia TR and Israel Index 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 Russia TR with a short position of Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and Israel Index.
|Time Horizon||30 Days Login to change|
Russia TR vs. Israel Index
Assuming 30 trading days horizon, Russia TR is expected to under-perform the Israel Index. But the index apears to be less risky and, when comparing its historical volatility, Russia TR is 3.74 times less risky than Israel Index. The index trades about -0.71 of its potential returns per unit of risk. The Israel Index is currently generating about 0.0 of returns per unit of risk over similar time horizon. If you would invest 109,792 in Israel Index on May 22, 2018 and sell it today you would lose (847.21) from holding Israel Index or give up 0.77% of portfolio value over 30 days.